HCMC – VIX Securities JSC (HOSE: VIX) plans to raise its 2025 profit target more than threefold after strong earnings in the first half of the year.
The board of directors has approved a proposal for submission to an extraordinary general meeting of shareholders, raising the pre-tax profit goal from VND1.5 trillion to VND5 trillion and the after-tax target from VND1.2 trillion to VND4 trillion.
The meeting will be held in Hanoi City, with October 9 set as the record date for shareholders.
VIX reported after-tax profit of nearly VND1.67 trillion in the first six months of 2025, almost six times higher than a year earlier. This marked its highest-ever half-year result and the second-highest in the securities industry.
The company said profits rose as the VN-Index closed at 1,376 points on June 30, the highest since 2022. Gains from financial assets rocketed 482%, or VND2.05 trillion, from the same period last year.
VIX has already surpassed its original 2025 after-tax profit target by about 40% and achieved 42% of the revised goal.
Closing the trading session today, September 24, VIX edged up 0.54% to VND37,100, with a matching volume of over 25.9 million shares.
Vietnam’s benchmark VN-Index rose 1.36% on Wednesday, supported by gains in bank stocks. The index closed up 22.2 points at 1,657.46, with 231 winners and 88 losers. Trading volume reached 998 million shares worth VND27.12 trillion, up 25% in volume and 16.8% in value compared to the previous session.
Bank stocks led the gains, adding about 11 points to the index. HDB hit the ceiling price of VND30,700 with 22.8 million shares traded after announcing bond sales worth VND1.2 trillion and a plan to sell 15 million treasury shares in October.
Other major lenders advanced, with VPB up 5.69%, TCB 3.47%, VIB 3.27%, and SHB 2.06%. SHB also posted the highest liquidity with nearly 192 million shares changing hands.
Brokerages and steelmakers performed well. VCI rose 4.18%, while DTL hit the ceiling price of VND15,750. Property and construction firms TDH and CII also closed at their upper limits, with CII trading over 51 million shares.
On the Hanoi Stock Exchange, the HNX-Index added 4.27 points, or 1.56%, to 277.28, with 95 stocks advancing and 58 others dipping. Stock trade improved 36% in volume and 55.6% in value from the previous day, with 94.2 million shares worth VND2.25 trillion changing hands.
