SSI SECURITIES CORPORATION – 11th CONSECUTIVE YEARS HONORED “50 BEST LISTED COMPANIES IN VIETNAM”

On 17 June 2024, SSI Securities Corporation continued to overcome the strict criteria set by Forbes Vietnam and was honored to receive the award "50 Best Listed Companies in Vietnam 2024".

2024 marks the 11th consecutive year SSI has been awarded in the ranking of "50 Best Listed Companies in Vietnam" by Forbes Vietnam Magazine during the 12 years of implementing the ranking, affirming SSI's leading position and constantly improving service quality in the Vietnamese finance - securities industry.

With the ranking of "50 Best Listed Companies in Vietnam 2024", the evaluation criteria are aimed at revenue growth, profit, ROE, ROC ratio, and EPS growth in the period 2019 - 2023. In addition, Forbes Vietnam also conducts qualitative surveys to evaluate the sustainable development of businesses, based on position in the industry, source of profits, quality of management, and industry prospects. With its position as the leading financial institution in Vietnam and the leading securities company in the industry, SSI easily meets the strict criteria of the award.

By the end of 2023, SSI's total assets are recorded at VND 69,241 billion - an increase of 32.6% compared to 2022, continuing to maintain the No. 1 position in the Securities industry in terms of asset size. The Company's net revenue also reached 7,281 billion VND, and pre-tax profit reached 2,849 billion VND, growing by 11.5% and 35% respectively compared to 2022, exceeding 105% of the revenue plan and 112% of the profit plan proposed by the General Meeting of Shareholders.

In the context of many challenges in the stock market, SSI Securities corporation always strives to innovate, maintain stable development momentum and sustainable annual growth. In the first quarter of 2024, SSI's total revenue and pre-tax profit recorded VND 1,945 billion and VND 900 billion, increased by 33% and 53% respectively compared to the same period in 2023. According to the Company's separate report, as of 31 March 2023, total assets reached 64,712 billion VND and equity reached nearly 23,311 billion VND. Cumulatively for the last 4 quarters, the return on equity (ROE) and return on total assets (ROA) in the first quarter of 2024 reached 11% and 4.1%, respectively.

Along with the development of business efficiency, SSI always promotes and implements strategies towards sustainable development, bringing useful values ​​to investors and the community. During 23 years of operation, SSI has spent more than 142 billion VND of its budget on community activities to initiate and accompany meaningful charity programs, focusing on sustainable activities that have a long-term impact on the development of many provinces and cities in Vietnam and SSI is always ready to join hands whenever the country faces difficulties. In 2023, SSI spent more than 4.82 billion VND on community activities. Of which, more than 51% of the budget was for educational development & investment for the young generation, and the remaining 49% was for social security activities, especially for disadvantaged children.

In order to achieve the goal of sustainable development with the stock market, the Company aims to maintain safety and long-term efficiency for investors despite all market fluctuations. At the same time, SSI strengthens training in stock investment knowledge through many investment consulting programs, making efforts to build the next generation of investors who are knowledgeable and steadfast in investment and financial goals. One of them can be named Moneyverse - the program series in collaboration with VTV Times - which searches for young people in universities who are into investing and supports them to have more channels to learn about stock investment, thereby improving financial knowledge and building financial thinking. SSI also builds communities for young people who share a passion for financial investing on Facebook and TikTok platforms, helping them have the opportunity to meet and receive guidance from industry experts, answering questions about investing in general and stocks in particular.

The "50 Best Listed Companies in Vietnam 2024" award from Forbes Vietnam is one of many noble titles that SSI has received in 2024 and is also a testament to the Company's continuous efforts in the volatile financial market context. It is also the driving force for SSI to continue to develop and go further in the future.