VietNam Prosperity Joint Stock Commercial Bank has explained the increase in profit of Quarter 2/2019 compared to Quarter 2/2018:
Profit after tax in Q2/2019 was VND2,048,831 million, increasing VND642,953 million or 45.73% compared to Q2/2018:
Reason:
- Net interest income went up VND2,257,740 million or 20.39%.
- Net income from service increased VND410,958 million or 136.21%
- Expensive increased VND716,022 million or 30.76%.
- Credit risk costs increased VND471,438 million or 16.87%.