Viet Dragon Securities Corporation (VDSC) explained the business results in quarter 2/2012 as follows:
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Profit
before tax in quarter 2/2012: 105,229,778 dongs
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Profit
before tax in quarter 2/2011: (34,765,484,364) dongs
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Profit
after tax in quarter 2/2012: 105,229,778 dongs
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Profit
after tax in quarter 2/2011: (34,765,484,364) dongs
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In
quarter 2/2012, the company increased 9.4 bil. dongs (256%) beside quarter
2/2011. Expenses were down 27 bil. dongs beside quarter 2/2011.
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Reasons:
average liquidity in quarter 2/2012 increased to 2,000 bil. dongs /session and
VDSC focused to large clients for brokerage targets. Besides, the company
pushed to reduce fixed expenses.