The Power of Persuasive Writing: “SHS Securities Ranks Among the Top 50 Reputable and Efficient Public Companies”

SHS is one of the few securities companies ranked in the VIX50 in 2024

The Top 50 Public Companies in terms of reputation and efficiency – Vietnam Top 50 Public Companies (VIX50) are ranked by Vietnam Report, along with experts who conduct objective assessments according to international standards to honor public companies with a solid financial foundation, notable achievements, growth potential, level of sustainable development, quality of governance, and industry standing.

At the time of the ranking announcement, the market capitalization of the 50 public companies in the VIX50 list accounted for over 51% of the total market, indicating the significant influence of the ranked companies. This year, SHS is one of the few financial institutions selected from the securities industry, alongside prominent banks and organizations such as Vietcombank, BIDV, SHB, Techcombank, FPT, Vinhomes, and Hoa Phat Group.

SHS Reports Impressive Financial Performance in the First Half of the Year, with Plans to Increase Capital to VND 17,126 billion

Recently, SHS Securities has made remarkable growth strides in terms of capital strength. In 2022 alone, SHS increased its charter capital twice, from VND 3,252.7 billion to VND 8,131.6 billion. In 2024, SHS is in the process of increasing its charter capital to VND 17,126.2 billion to enhance its financial capacity and maintain its position as one of the leading securities companies in the market.

According to the Q2/2024 Business Results Report, for the first six months of 2024, SHS recorded VND 1,164 billion in operating revenue, an 18% increase compared to the same period in 2023. The company achieved a pre-tax profit of VND 879 billion, nearly four times higher than the first six months of last year. For 2024, the company targets a pre-tax profit of VND 1,035.3 billion, a 51% increase over the previous year. Thus, after the first half of the year, SHS has achieved nearly 85% of its profit target.

SHS Builds Trust with Customers and the Community, Aiming to Become a Financial Investment Group

With the orientation of developing SHS into a Financial Investment Group, at the 2024 Annual General Meeting of Shareholders, Mr. Do Quang Vinh, Chairman of the Board of Directors, set comprehensive and sustainable development goals for SHS in all aspects, including financial capacity, governance model, human resource quality, and technology systems, to provide diverse, optimized, and pioneering products and services to its customers.

SHS continuously builds trust with customers and investors

SHS has continuously implemented solutions to accompany and bring practical values to investors. In the first six months, SHS repeatedly upgraded the trading platform for both SHTrading and SHWeb versions, optimized user experience, and launched new products for customers such as Margin TPlus.

As a leading reputable securities company in the field of investment banking and institutional clients, as well as a publicly listed company, SHS emphasizes transparency in corporate governance. SHS references and applies sustainable business development standards according to the Global Reporting Initiative (GRI), ranking in the Top 10 best annual reports in 2023 in the large financial organization category. In 2024, SHS was one of 21 large-cap financial organizations recognized for information disclosure by IR Awards 2024.

As a significant player in Vietnam’s securities market, SHS contributes to channeling capital to support domestic businesses’ operations while annually contributing hundreds of billions of VND to the state budget and the community. In 2023 and the first six months of 2024, SHS contributed VND 124 billion and VND 168 billion in corporate income taxes, respectively.

The achievements since the beginning of 2024 demonstrate SHS’s strong development trajectory and potential for a powerful leap forward in the coming years, maintaining its position as a Top efficient, transparent, and reputable public securities company. At the same time, these accomplishments reinforce SHS’s foundation and strengthen its journey toward becoming a leading Financial Investment Group in Vietnam from now until 2030, with the motto “Dedicated Consulting, Sustainable Investment,” all for the prosperity of its customers and investors.