HSC announces business performance Q4.2022 and Accumulative FY2022
2023-01-19

Ho Chi Minh City Securities Corporation (HSC, HOSE: HCM) would like to announce the financial performance in Q4.2022 and accumulative FY2022.

Q4. 2022, HSC achieved VND 584 billion in revenue, more than VND 159 billion in before-tax profit. Decreased 39% and 43% respectively compared to the same quarter in 2021.

Accumulative FY2022, HSC achieved total revenue of VND 2,854 billion, a decreased of 15% compared to the same period last year. HSC's cumulative profit before tax for FY2022 reached VND 1,068 billion, completed 71% yearly plan.

In 2022, HSC achieved earning per share (EPS) of VND 1,865. The return on equity (ROAE) ratios was 11.2%.

(*) Revenue and expenses of the 2 periods are recorded to reduce the losses of proprietary investment activities for comparison purposes.
Accordingly, three key businesses: brokerage, margin lending and proprietary investment contributed 97% of total net revenue in 2022.

  • Brokerage services accounted for 31% of HSC's total revenue, reaching VND 882 billion, decreased 37% comparing to the same period of 2021.
  • Revenue from margin lending activities reached VND 1,273 billion, an increase of 8% over the same period last year and accounting for 44% of total revenue.
  • Proprietary investment achieved VND 623 billion in revenue, decreased 14% y-o-y and contributed 22% to HSC's 2022 revenue.
  • Revenue from corporate financial advisory recorded VND 54 billion, increased 16% over the same period last year.

Please access here for Q4.2022 Financial Statement

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Ho Chi Minh City Securities Corporation published this content on 19 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2023 03:39:01 UTC.