SSI Stock Sets Pre-Tax Profit Forecast of Nearly 3,400 Billion in 2024

The Board of Directors of SSI Securities Corporation (HOSE: SSI) has recently approved the business plan for the regular Annual General Meeting in 2024.

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According to that, SSI aims to achieve a consolidated pre-tax profit of VND 3,398 billion in 2024, an increase of 19% compared to the previous year. The expected consolidated revenue is VND 8,112 billion.

Looking back at 2023, SSI Securities achieved an operating revenue of nearly VND 6,900 billion, an increase of 12% compared to the previous year. Operating costs decreased by nearly 10% to VND 2,320 billion. Pre-tax profit reached VND 2,849 billion, an increase of 35% and exceeded the annual plan by 12%.

In addition to the business plan, SSI plans to present to the General Meeting of Shareholders the issuance of shares under the Employee Stock Ownership Plan (ESOP) in 2024, continuing to implement the share sale 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 an additional 453 million shares to increase the charter capital to VND 19,645 billion, including two capital increase options (issuance of bonus shares at a ratio of 20% and additional share issuance to existing shareholders at a price of VND 15,000 per share, at a ratio of 10%).

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

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 Street, District 1, Ho Chi Minh City.

Kha Nguyen

SOURCEvietstock
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