Q3 KBSV’s profit got 41.2 billion VND, nearly 6 times higher than the same period

24/10/2019 02:47:49 PM - 979 View
KBSV has just released 3rd quarter financial report with strong growth results in many segments.
In the 3rd quarter, the Company's operating revenue reached more than 136.4 billion VND, nearly 2.2 times higher than the same period last year. Profit in the quarter increased sharply to 41.2 billion VND, more than 5.7 times of the same period last year.
According to KBSV, this growth result from the Company's charter capital increase. After increasing capital in the first quarter of 2019, the Company's charter capital reached 1,675 billion VND.
During the period, the main businesses such as brokerage, margin lending of the Company recorded positive business results. Securities brokerage revenue in Q3 reached over 23.5 billion dong, nearly 2 times higher than the same period; interest from loans and receivables was more than 56.5 billion VND, 3 times higher than the same period.
Besides, the Company also recorded a sharp increase in profit from investments from 4.2 billion VND to nearly 33 billion VND.
In the first 9 months, KBSV's operating revenue and EAT reached 309 billion VND and 93 billion VND respectively, more than 2 times and 3.6 times higher than the same period last year.
By the end of the third quarter of 2019, KBSV's total assets reached more than 4,824.6 billion VND, more than 2 times higher than the beginning of the year. FVTPL, investments and loans were the strongest increase recorded on the year. Notably, the company's loans by the end of the third quarter reached more than 2,103.8 billion VND, an increase of 83% compared to the beginning of the year. Of which, margin lending accounted for more than 1,815.69 billion VND.
Yến Chi