SSI announces outstanding 2020 results
SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
At an event to present the title of ‘Labour Hero in the Doi moi (Renewal) period’ to SSI Securities Corporation (Photo: VNA)HCM City (VNS/VNA) - SSI Securities Corporation reported strong growth last year, with pre-tax profits growing by 54.4 percent to nearly 1.56 trillion VND (67.57 million USD) and income by 43.4 percent to 4.528 trillion VND (195.5 million USD).
The stock market had a successful 2020, with the two main indices, the VN-Index and VN30 gaining 14.9 percent and 21.8 percent.
Average liquidity in the fourth quarter rose 79.5 percent from the previous quarter to 11.6 trillion VND.
SSI retained its position as the leading brokerage on the HCM City Stock Exchange for a seventh consecutive year with a market share of 12.33 percent.
At the end of last year it got an 85 million USD loan from a consortium of foreign banks led by Union Bank of Taiwan, for securities trading services and trading valuable papers and margin lending at low interest rates among other things.
Last year it was conferred the title of ‘Labour Hero in the Doi moi (Renewal) period’ for its contributions to the sustainable development of the country’s securities sector./.
The stock market had a successful 2020, with the two main indices, the VN-Index and VN30 gaining 14.9 percent and 21.8 percent.
Average liquidity in the fourth quarter rose 79.5 percent from the previous quarter to 11.6 trillion VND.
SSI retained its position as the leading brokerage on the HCM City Stock Exchange for a seventh consecutive year with a market share of 12.33 percent.
At the end of last year it got an 85 million USD loan from a consortium of foreign banks led by Union Bank of Taiwan, for securities trading services and trading valuable papers and margin lending at low interest rates among other things.
Last year it was conferred the title of ‘Labour Hero in the Doi moi (Renewal) period’ for its contributions to the sustainable development of the country’s securities sector./.
You should also see
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
See more
Business
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Business
Forum seeks ways to boost exports amid external challenges
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
Business
Enterprises want clearer regulations on seafood production
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
