Bao Minh Securities Corporation (BMSC) has just announced its financial report for the second quarter of 2025 with both revenue and profit increasing sharply.
In the second quarter, BMSC's operating revenue reached VND 142.5 billion, an increase of 188% over the same period in 2024.
This sudden growth is largely due to the effectiveness of self-trading activities. Profit from financial assets recorded through profit/loss in the last quarter reached VND126.7 billion, 5 times higher than the same period last year, contributing up to 89% to operating revenue in the second quarter.
Along with that, interest from held-to-maturity (HTM) investments also brought in VND8.6 billion, up 136% over the same period.
At the same time, this period, interest from loans and receivables also reached nearly 2 billion, in the same period last year this item only contributed 18 million VND.
While revenue increased, expenses also increased. Operating expenses this period accounted for more than VND39.3 billion, up 145% over the same period. Interest expenses also doubled, accounting for more than VND18.6 billion.
However, thanks to the high increase in revenue, BMSC recorded 62.2 billion VND in profit after tax in the second quarter, nearly 4 times higher than in the second quarter of 2024.
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| BMSC's business performance by sector. |
In the first 6 months of the year, BMSC's after-tax profit increased by 58%, reaching 51 billion VND. According to the plan approved at the 2025 General Meeting of Shareholders, BMSC aims to achieve total revenue of more than 320 billion VND, pre-tax profit of more than 108 billion VND and after-tax profit of more than 86 billion VND. Thus, after 6 months, BMSC has achieved nearly 60% of the annual profit plan.
As of the end of June 2025, BMSC's total assets were VND2,006 billion, up 13.8% compared to the beginning of the year. Of which, more than VND607 billion was in FVTPL assets, including VND339.2 billion in listed stocks, the rest were unlisted stocks and fund certificates. In addition, more than VND546 billion was in HTM investments in bonds, including VND385 billion in unlisted bonds and VND161 billion in listed bonds.
BMSC does not focus as much on margin lending as many other companies. The value of margin lending as of the end of the second quarter was only about VND19.3 billion, down 15.7% compared to the beginning of the year.
Source: https://baodautu.vn/tu-doanh-thang-lon-chung-khoan-bao-minh-lai-gap-4-trong-quy-ii2025-d334019.html
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