SSI Securities aims for a record profit of nearly VND3,400 billion in 2024

DNHN - The 2024 profit level that SSI Securities expects to increase by more than 19% compared to the previous year’s results, this will be the highest revenue and profit that SSI has ever achieved.

SSI Securities Corporation (stock code SSI) plans to hold its 2024 Annual General Meeting of Shareholders on April 25 in Ho Chi Minh City.

The Board of Directors of SSI Securities Corporation has passed a resolution on the business plan presented at the 2024 Annual General Meeting of Shareholders. Accordingly, SSI sets a target of consolidated revenue in 2024 of more than VND8,100 billion and consolidated profit before tax of nearly VND3,400 billion. This profit level is expected to increase by more than 19% compared to the previous year’s results, this will be the highest revenue and profit that SSI has ever achieved.

SSI’s Board of Directors also wishes to be authorised by shareholders to adjust the plan if market growth and liquidity do not reach the assumed level.

At the upcoming meeting, the Board of Directors will also approve the continuation of the share offering and issuance plans approved in 2023, the issuance of ESOPs in 2024, the election of 2 new members to the Board of Directors, and other contents.

Regarding the business situation, on December 31, 2023, SSI’s total assets and equity reached more than VND68,500 billion and nearly VND22,600 billion, respectively, up 33% and 3% compared to the beginning of the year. SSI’s outstanding margin lending balance reached nearly VND14,700 billion, up 35% compared to the beginning of the year.

P.V