SSI Stock Announces Pre-Tax Profit Plan of Nearly 3,400 Billion for 2024

SSI Corporation (HOSE: SSI), a leading securities company, has recently approved the business plan for the Annual General Meeting in 2024.

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SSI sets a target consolidated profit before tax in 2024 at 3,398 billion VND, an increase of 19% compared to the previous year. The expected consolidated revenue is 8,112 billion VND.

Looking back at 2023, SSI Securities recorded an operating revenue of nearly 6,900 billion VND, a 12% increase compared to the previous year. Operating expenses decreased by nearly 10% to 2,320 billion VND. Profit before tax reached 2,849 billion VND, an increase of 35% and exceeded the 12% annual plan.

In addition to the business plan, SSI plans to propose to the General Meeting of Shareholders the issuance of shares under the Employee Stock Ownership Plan (ESOP) in 2024, continue with the implementation of the share offering plan and issuance of shares approved by the General Meeting of Shareholders in 2023, and other issues.

At the end of December 2023, the Company’s shareholders approved a plan to issue over 453 million shares to increase charter capital to 19,645 billion VND, including two capital increase options (issuance of bonus shares at a ratio of 20% and offering additional shares to existing shareholders at 15,000 VND per share, with a ratio of 10%).

SSI shareholders approve capital increase plan to nearly 20,000 billion VND

The General Meeting of Shareholders will take place at 1:30 PM on April 25, 2024 at Thong Nhat Hall, 135 Nam Ky Khoi Nghia, District 1, Ho Chi Minh City.

Kha Nguyen

SOURCEvietstock
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