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Tuesday, July 16, 2024

Vietnam Stock Exchange earns over VND1.3 trillion in profit

The Saigon Times

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HCMC – Vietnam Stock Exchange (VNX) reported an after-tax profit of VND1.343 trillion in 2021, which is the consolidated earnings from HOSE and HNX, the local media reported.

Established on April 13, 2021 by merging the Hochiminh Stoc Exchange (HoSE) and the Hanoi Stock Exchange (HNX), VNX in its financial report did not show any revenue from sales or services. Its only stream of earnings came from after-tax profits of HOSE and HNX, totaling VND1.354 trillion. After subtracting salaries for executives and employees, VNX reported an after-tax profit of VND1.343 as stated above.

VNX, which has a charter capital of VND3 trillion, also reported total revenue of VND2.054 trillion, also from revenues of the two affiliates. Securities services contributed nearly VND1.95 trillion.

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