Ho Chi Minh City Securities Corp. · HOSE:HCM
Ho Chi Minh City Securities — Q2 2025 Earnings Presentation
8 slides from Ho Chi Minh City Securities's earnings presentation, Jul 24, 2025
Slide 1: Q2 & H1 2025 Earnings Call
hse HO CHI MINH CITY SECURITIES COMPANY Q2 & H1 2025 EARNINGS CALL
Slide 2: Highlights
Highlights VN Index ended Q2 2025 at 1,376, up 9% YTD. 1 Average daily market trading value dropped to VND21 trillion, down 14% YoY. HSC recorded revenue of VND845 billion in Q2, down 3% YoY, and VND1,708 billion in H1, up 7% YoY.. 2 PBT reached VND240 billion in Q2, down 39% YoY, and VND523 billion
Slide 3: Vietnam's Stock Market H1 2025
Vietnam’s Stock Market H1 2025 1,400 1,376 60,000 9% YTD 1,300 1,267 40,000 1,200 20,000 1,100 1,094 1,000 - 12/31/2024 1/31/2025 2/28/2025 3/31/2025 4/30/2025 5/31/2025 6/30/2025 Trading value (VND bn) VN Index H1 2025 H1 2024 YoY (VND tn) Daily trading value 21.2 24.6 -14% % of foreign investors t
Slide 4: Business Results
Business Results Statement of income FY2025 % Q2 2025 Q2 2024 +/-% H1 2025 H1 2024 +/-% (VND bn) Plan completed Total revenue (*) 845 870 -3% 1,708 1,592 7% 4,438 38% Operating expenses (*) 606 480 26% 1,186 857 38% 2,836 42% Profit before tax 240 390 -39% 523 736 -29% 1,602 33% (*) Gains and losses
Slide 5: Revenue Structure | H1 2025
Revenue Structure| H1 2025 Securities Brokerage Margin Lending 15% 41% 1,022 3% 726 13% 23% 468 397 VND1,708 billion 7% YoY H1 2024 H1 2025 H1 2024 H1 2025 Prop. Investment Corporate Finance 60% 35% 15% Securities Brokerage Margin Lending 334 Proprietary Investments Corporate Finance 218 52 60 H1 20
Slide 6: Expenses Structure | H1 2025
Expenses Structure| H1 2025 Variable expenses Fixed expenses 813 9 499 Other fixed expenses 15% 372 8 591 Depreciation expense 23% 357 251 41 Office related expenses Other variable expenses 16% 36 13% 16 12 37 41 IT expenses Interest expenses 135% 49 5% 52 99 76 33 58 Accrued bonus Incentives 23% 44
Slide 7: Financial Position as of 30/06/2025
Financial Position as of 30/06/2025 Assets Liabilities & Equity 34,937 34,937 31,340 190 31,340 556 398 558 10,184 10,444 Other assets 52% 402 19,813 466 20,429 Other receivables 0.3% Loans 3% 24,351 Owners equity 2% 6,994 Bonds 40% 20,430 5,000 107% Other current payables 14% Stocks & fund certific
Slide 8: Thank You
THANK YOU HO CHI MINH CITY SECURITIES COMPANY AB Tower, 76A Le Lai, Ben Thanh Ward, District 1, Ho Chi Minh City hsc.com.vn | (8428)38 233 299 7
Ho Chi Minh City Securities — Q2 2025 Earnings Presentation on 6ix