VND: Posts 29.66b dong Net Profit in Q2/2012

18-Jul-2012 Intellasia | VND | 7:01 AM

VNDIRECT Securities Corporation (VND) reported VND29.66 billion net profit in Q2/2012 from VND99.18 billion net loss a year back, the firm said in its financial income posted in its website.

Company’s revenues jumped by 14 percent on year to VND85.1 billion in Q2/2012 from VND74.36 billion in Q2/2011.

Expenses for business operation fell by 73 percent on year to VND38.75 billion in the quarter, compared with VND145.2 billion a year ago.

The firm had total VND2.15 trillion assests by end of June 2012, versus VND1.45 trillion at the beginning of the year.

Of note, the company also posted earnings per share (EPS) at VND297/share in Q2/2012, compared with – VND992/share in Q1/2011.

The firm earned VND60.06 billion net profit on VND147.51 billion revenues in H1/2012, lower than VND90.47 billion net profit on VND209.93 billion revenues in H1/2011, respectively.

As of 9:40 am today, VND were traded unchanged at VND10,000 or trailing P/E at -7.04, the StoxPlus data showed.

http://stoxplus.com/News/84754/1/193/vnd-posts-vnd29-66bln-net-profit-in-q2-2012.stox