VNDirect receives $10.2m in revenue

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VNDirect receives $10.2m in revenue

Vietnam News - 7/20/2015 9:49:16 AM

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VNDirect Securities Joint Stock Company (VNDirect) received VND221 billion (US$10.2 million) in revenue in the first six months, 11 per cent more than last year's H1, generating a net profit of VND76.2 billion ($3.53 million).

The company's net profit in the first half of the year remained at last year's level since operational cost rose by 34 per cent in the meantime.

VNDirect reported that the company allowed its operational costs to enhance its investment and improve the company's technological system.

After the first six months of this year, VNDirect clients' trading value increased by 15 per cent while the company's market share fell by 10 per cent.

At the end of June, the company had more than VND1.84 trillion (85.4 million) in its account, 95 per cent of which, or VND1.16 trillion ($53.9 million), was securities investors' deposit.

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