Rong Viet Securities' pre-tax profit increased 3.4 times

Rong Viet Securities Corporation (VDSC) announced its third quarter business results report with pre-tax profit of VND310 billion, up 3.4 times compared to the same period in 2024 and the highest quarterly profit ever achieved. Accumulated for the first 9 months of 2025, Rong Viet Company recorded after-tax profit of VND260 billion, completing 90% of the yearly plan.

The Vietnamese stock market in the third quarter performed positively, continuously reaching new heights in terms of index and liquidity. VN-Index increased by 20.8% to 1,661.7 points, the average trading value of the whole market reached 44,100 billion VND/session, especially on some days when market liquidity reached 70,000 - 80,000 billion VND.

Therefore, Rong Viet Company's revenue and profit have increased significantly compared to the same period. Total revenue in the third quarter of 2025 doubled compared to the third quarter of 2024, reaching more than 466 billion VND. Expenses increased by nearly 10%, recording 157 billion VND. Pre-tax profit was recorded at 310 billion VND and after-tax profit reached 249 billion VND, up 244% and 233% respectively compared to the same period last year. This result marks a record profit recorded in a quarter since Rong Viet's establishment.

Rong Viet Securities Company's third quarter profit was 3.4 times higher than the same period last year.

PHOTO: HA

In the first 9 months of 2025, Rong Viet recorded total revenue of VND 818 billion and after-tax profit of VND 260 billion, respectively completing 76% and 90% of the yearly plan. These positive results show an optimistic outlook and are the basis for Rong Viet to aim to exceed the 2025 business plan.

After completing the stock issuance to pay dividends in the second quarter of 2025, Rong Viet continued to issue 4.7 million ESOP shares in the third quarter, thereby increasing its charter capital to VND 2,720 billion. The company also announced a plan to offer 48 million individual shares to professional securities investors at a price of VND 18,000/share. If completed, Rong Viet can mobilize an additional VND 864 billion and increase its charter capital to VND 3,200 billion, contributing to increasing financial capacity and supplementing capital for lending activities, self-trading/underwriting, and participating in the bond market.

In addition, Rong Viet continues to mobilize capital through individual corporate bond issuances. Since the beginning of 2025, Rong Viet has issued 3 bonds with a total actual issuance value of more than VND 1,959 billion. Currently, the company is continuing to offer the 4th bond issuance with a fixed interest rate of 8%/year with the aim of mobilizing an additional VND 1,000 billion.

By the end of the third quarter of 2025, Rong Viet's total assets reached VND 7,675 billion, equity reached nearly VND 3,093 billion, up 20.6% and 11.6% respectively compared to the beginning of the year and continuing to be the highest levels since Rong Viet started operating. The company's operating efficiency has improved significantly with the average ROAa and ROEa ratios of the last 4 quarters reaching 3.5% and 8.1% respectively. Financial safety indicators continue to be maintained at a stable and safe level, with a debt-to-equity ratio of 1.48 times and a financial safety ratio of 398.3%.

Source: https://thanhnien.vn/loi-nhuan-truoc-thue-chung-khoan-rong-viet-tang-34-lan-185251017110944956.htm