HCMC – Techcom Securities Joint Stock Company (HOSE: TCX) has reported a strong set of earnings for the fourth quarter and the full year of 2025, with pre-tax profit surpassing its annual target by 23%.
According to the company’s disclosure, TCX recorded pre-tax profit of VND2.041 trillion in the fourth quarter of 2025, nearly 120% higher than in the same period last year. For the whole year, pre-tax profit reached a record VND7.109 trillion, up almost 50% year-on-year and equivalent to 123% of the full-year plan.
The company attributed its strong performance to growth across all four core business segments. Brokerage and securities custody income in the fourth quarter rose 19% year-on-year to VND89 billion, while full-year revenue from this segment totaled VND356 billion, up 63%. The number of new securities trading accounts surged by more than 64% compared to 2024.
Closing the trading session today, January 15, TCX shares fell 2.84% to VND51,300, with more than five million shares changing hands, bringing the company’s market capitalization to over VND118 trillion.
The VN-Index tumbled 29.64 points, or 1.56%, to 1,864.8, with 177 advancers, including 14 ceiling gainers and 147 decliners. Liquidity weakened, with total trading volume reaching 1.24 billion shares worth VND40.9 trillion, down around 12% in both volume and value compared with the previous session. Block transactions accounted for more than 39 million shares valued at VND1.38 trillion.
The VN30 basket closed nearly 20 points lower, with 17 stocks declining and 13 advancing. Heavyweights including BID, VCB, VHM and VIC exerted the strongest downward pressure, together shaving about 29.5 points off the benchmark index.
Banking stocks remained under strong selling pressure. BID dropped 7% to its floor price of VND50,700 per share, with nearly 26.5 million shares traded and more than four million shares still queued at the floor.
Securities stocks declined more than 1% on average. VIX stood out as the most actively traded ticker in the sector, with over 70.4 million shares changing hands, and closed up 1.6% at VND25,100.
On the Hanoi Stock Exchange, the HNX-Index edged down 0.16 point, or 0.06%, to 253.16 points, with trading volume totaling 86.9 million shares valued at VND2.04 trillion.
