Business results Quarter 4.2018

SSI SECURITIES CORPORATION ANNOUNCED

RESULTS OF THE PRIVATE REPORT OF QUARTER IV / 2018 AND BUSINESS RESULTS IN 2018

On January 18, 2019. SSI Securities Corppration announced the results of its private report for the fourth  quarter of 2018 and bussiness result in 2018.

2018 was a ups and down year for Vietnam's stock market. VN-Index surpassed the historical peak, setting a record on April 10, 2018 with 1,211 points. But also from this new peak, Vietnam's stocks dropped sharply, ending the last session of 2018 with VN-Index stopped at 892.54 points, down 26.3% from the peak, and down 9.32% compared to the end of 2017. However, with the position of the largest securities company in the market and a sustainable development strategy, the Company's business results have exceeded the business plan. Total revenue in 2018 reached VND 4,060 billion, up 37.2% compared to 2017. Accounting profit before tax reached VND 1,738 billion, up 36%. Total consolidated revenue is expected to reach more than VND 3,950 billion and consolidated profit before tax is estimated at VND 1,619 billion - exceeding the 2018 business plan.

Revenue from Securities Services in 2018 reached VND 1,893.7 billion, up 42% compared to 2017. 2018 is the 5th consecutive year that SSI leads the brokerage market share in the whole year on HOSE and HNX, respectively at 18.7% and 11.89%. The company also recorded a growth in the number of customers. As of December 31, 2018, SSI managed 153,256 accounts, an increase of over 20%, in which there were 151,333 individual customer accounts and 1,923 institutional customer accounts. Recently, SSI also proudly won a series of awards at Asiamoney Brokers Poll - the most prestigious award in the securities industry in Asia, with impressive results winning 3/3 categories for the company segment: “The best securities company in Vietnam", "The best company in Vietnam in terms of analysis and market research", "The best securities company in Vietnam on trading brokerage"; with 19/21 categories for individuals and groups.

Treasury & Finance Division continued to have a growth quarter, the fourth quarter of 2018 revenue reached VND 223.4 billion, up 59% over the same period in 2017. For the whole year of 2018, the Division recorded revenue of VND 755.6 billion, up 57% compared to 2017. At the end of the year, SSI's total assets reached VND 23,467.6 billion, an increase of 29% compared to the the begin of the year.

Investment revenue in 2018 reached VND 1,229.1 billion, up 19% compared to 2017 and accounted for 30% of the total revenue of the Company. Investment and other banking services revenue reached VND 181.66 billion in 2017, up 63%.

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About SSI Securities Corporation (HOSE: SSI)

SSI Securities Corporation (SSI - HOSE) - established in December 1999 - is one of the pioneer companies at Vietnam stock market. Over 18 years of operation, SSI has become the largest financial institution in the market with a chartered capital of VND 5,100 billion, operating in major financial services including Retail Securities Services, Institutional Securities Services, Asset Management, Investment Banking, and Treasury. In 2018, SSI lie within the list of private and listed securities companies with Top highest scale of capitalization, total assets, profit as well as profitability of ROE in ASEAN region.

On December 18, 2018, the company officially changed its name from "Saigon Securities Incorporation" to the new name "SSI Securities Corporation" - unifying the company name with the abbreviation and stock code issued in the market. This is considered a necessary change, helping investors, especially foreign investors, easily identify the company's brand, in the context that SSI is one of the 40 most valuable brands in Vietnam, valued at USD 30.8 million. On the other hand, showing a professional image, aiming for further and greater development of the company in the future, not only in Vietnam market but also in the region as well as around the world.