Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) would like to announce the financial performance in Q3.2021 and accumulative 9 months of 2021.

Q3. 2021, HSC achieved more than VND 906 billion in revenue, VND 397 billion in before-tax profit, increased 128% and 127% respectively compared to Q3.2020.

Accumulative 9M2021, HSC achieved a total revenue of VND2,411billion, increased 124% y-o-y, completed 90% yearly plan. HSC’s cumulative profit before tax for 9M2021 reached VND1,151 billion, strongly increased 135% compared to same period last year, completed 96% yearly target (approved at AGM in April 2021). After the 9 months, HSC achieved earning per share (EPS) of VND 3,027. The return on asset (ROA) and return on equity (ROE) ratios were 5.9% and 19.3% respectively.

business performance 9T

(*) Revenue and expenses of the 2 periods are recorded to reduce the losses of proprietary investment activities for comparison purposes.

Accordingly, three key businesses: brokerage, margin lending and proprietary investment contributed 98% of total net revenue in 9 months of 2021

  • Brokerage services accounted for 43% of HSC's total revenue, reaching VND 1,025 billion, strongly increased 152% comparing to the same period of 2020.
  • Revenue from margin lending activities reached VND 808 billion, an increase of 125% over the same period and accounting for 34% of total revenue.
  • Proprietary investment achieved VND534 billion in revenue, increased 101% y-o-y and contributed 22% to HSC's 9M2021 revenue.
  • Revenue from corporate financial advisory recorded VND32 billion, equivalent to the same period last year. However, due to the timing of revenue recognition, the reported revenue in accounting period usually does not fully reflect corporate financial advisory business performance.

revenue structure 9M

Please access for 9M2021 Financial Statement