Accordingly, pre-tax profit in Q3.2023 achieved VND266 billion, increased by 36% compared to Q2.2023 and was the highest level in 5 most recent quarters. Accumulated 9M2023, HSC recorded pre-tax profit of VND617 billion, completing 68% of the 2023 plan.
Revenue in Q3.2023 achieved more than VND636 billion, increased by 20% compared to Q2.2023, of which:
- Revenue from securities service reached VND224 billion, accounting for 35% of HSC's total revenue. In Q3.2023, securities service increased sharply thanks to improved market liquidity compared to previous quarters and at a level above the expectations we set at the beginning of the year. HSC took advantage of the market's growth to maintain market share and increase margin loan balance.
- Revenue from margin lending activities amounted to VND292 billion, equivalent to 46% of HSC's total revenue. As of September 30, 2023, margin loan balance reached more than VND11,331 billion, increased by 28% compared to the end of Q2. 2023 and increased by 54% compared to the beginning of the year.
- Revenue from proprietary investment achieved more than VND110 billion, contributing 17% to the company’s total revenue. The results of proprietary investment activity decreased compared to Q2.2023 and were vulnerable to strong and unpredictable market volatility in the first 9 months of 2023.
- The corporate finance advisory segment recorded revenue of VND6 billion in Q3.2023. Advisory deals often requires a lot of time to complete, so the reported revenue in the accounting period does not fully reflect this segment’s performance.
.
As of September 30, 2023, HSC's total assets reached VND16,663 billion. Shareholders’ equity reached VND8,133 billion. Earnings per share (EPS) in 9M2023 reached VND1,083.
Please access here for Q3.2023 Financial Statement.