VIX Securities Joint Stock Company recently released its Q2 financial report, showing operating revenue of 1,976 billion VND, five times higher than the same period last year. Profit from financial assets through profit/loss (FVTPL) reached 1,698 billion VND, 7.6 times higher than Q2 2024. This is considered the proprietary trading segment of securities companies.

Operating, financial, and management expenses all increased. After deducting these expenses, the company's pre-tax profit reached 1,602 billion VND, 10.3 times higher than Q2 of the previous year.

According to VIX Securities, the VN-Index closing Q2 at 1,376 points—its highest level since 2022—contributed to the growth of the company's proprietary trading. The company recorded a net profit from FVTPL of 1,435 billion VND, 22 times higher than last year. Margin lending also saw positive results.

For the first half of the year, VIX Securities recorded operating revenue of 2,955 billion VND and pre-tax profit of 2,067 billion VND, four times and 5.8 times higher than the same period last year, respectively. The company has thus surpassed its annual profit target of 1,500 billion VND.

At the end of Q2, the company's total assets reached 24,385 billion VND, a 24.3% increase since the beginning of the year. FVTPL assets were valued at 12,922 billion VND, an increase of over 400 billion VND. VIX Securities' stock had a book value of 6,265 billion VND but a fair value of over 7,400 billion VND.

The company's outstanding loan balance was 9,278 billion VND, up 61% since the start of the year, reaching its highest level ever.

VIX Securities was established on 10/12/2007, formerly known as Vincom Securities (VincomSC) of Vingroup. However, Vingroup completely divested from the company in 2021. The company underwent three name changes before becoming VIX Securities in 2020.

Trong Hieu