Press release: SSI reports its separate financial statement for 2Q2017

Ho Chi Minh City, June 06, 2017

Saigon Securities Inc. (HOSE:SSI) reported its separated revenue and earnings for the second quarter and first half of 2017. 2Q2017 revenue and profit before tax reached 762.1 billion VND and 402.3 billion VND respectively – representing a 9.5% and 10.3% increase compared to those of 2Q2016. For the first 6 months, revenue were 1,312 billion VND and profit before tax were 731 billion VND. Consolidated profit before tax of 1H2017 is estimated to be 735 billion VND, accounting for 69.5% of 2017 profit plan. All business units showed its good results. Securities Services and Principal Investment continued to have biggest contributions to total revenue. At 30^th June, the Company reported its total asset at 15,984 billion VND, and owners’ equity at 8,430 billion VND.

SSI 2Q2017 market share was 15.35% at HOSE and 13.67% at HNX, maintaining the 1^st position and widening the gap between SSI and the second one. Especially, at HOSE, SSI 2Q2017 market share is almost equal to the total market share of the next two securities companies. Accordingly, revenue from Brokerage Services was 185.9 billion VND, which is two times higher than the one of 2Q2016. Margin lending exposure also recorded a growth, reaching 3,924 billion VND in average, which is 270 billion VND higher than the one of previous quarter. 1Q2017 revenue from Securities Services was 316.1 billion VND, up 52% compared to 2Q2016.

Principal Investment continued to contribute a big part of total revenue in 2Q2017, accounting for 43%, at 328.5 billion VND. Treasury also had an impressively successful quarter, with revenue reached 108.8 billion VND in the second quarter, accounting for 14.27% total revenue and marking a 27% increase YoY. Revenue from Investment Banking and others was 8.8 billion VND.

Thanks to its great efforts and positive performance in the first half year, the Company believes that SSI will outperform 2017 business plan as stated at AGM in April, 2017.

Summary of Separate Financial Statement of 2Q2017 can be downloaded here 

Investor Relations

SAIGON SECURITIES INC.

1C Ngo Quyen, Hoan Kiem, Hanoi, Vietnam

T: (844) 3 936 6321 | F: (844) 3 936 6319

E: [email protected] | W: www.ssi.com.vn

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