On October 24, 2024, DSC Securities Joint Stock Company (DSC) officially listed and traded on the Ho Chi Minh City Stock Exchange (HoSE). At the ceremony for the listing decision and the first official trading day at HoSE, more than 204.8 million DSC shares were officially listed with a reference price of VND 22,500 per share.
Speaking at the event, Mr. Nguyen Duc Anh, Chairman of the Board of Directors of DSC Securities Joint Stock Company, shared: “The official listing on the HoSE is a significant milestone for DSC in our journey of affirmation and commitment to meeting the standards and regulations of the financial market. More importantly, it is also an opportunity for DSC to demonstrate our determination to accompany and contribute to the efforts of regulatory authorities in creating a healthy and transparent investment environment, while also optimizing returns for domestic and foreign investors and clients.”
Emphasizing the significance of the listing on HoSE, Mr. Duc Anh stated that DSC Securities has materialized a strategic step in expanding the scale of the enterprise while also opening up opportunities for rapid and effective capital mobilization from large domestic and international investors. This move enhances the company’s transparency and credibility, fostering robust growth in the future.
In the third quarter of 2024, DSC recorded revenue of VND 147.1 billion and pre-tax profit of VND 89.6 billion, representing a growth of 19% and 83%, respectively, compared to the same period in 2023. Notably, proprietary trading contributed approximately VND 52 billion in pre-tax profit, accounting for 58% of the profit structure in the third quarter of 2024. Year-to-date, DSC’s proprietary trading has effectively managed investment portfolios and capitalized on market opportunities, generating VND 55 billion in profit (exceeding the annual plan by 576%).
In terms of securities brokerage activities, DSC also recorded VND 34 billion in pre-tax profit from securities brokerage services, bringing the total profit for the first nine months to VND 103 billion (63% of the annual plan). Regarding capital exploitation activities, as of the end of the third quarter of 2024, DSC’s total lending value was estimated at VND 1,830 billion, a 40% increase compared to the same period last year.
Overall, in the first nine months of 2024, DSC achieved revenue of VND 394.6 billion (93% of the annual plan) and pre-tax profit of VND 188 billion (94% of the annual plan). The positive results were attributed to the effective management strategy for human resources and capital optimization, which had a direct impact on the business performance in the first nine months of 2024 and the third quarter specifically.
The year 2024 marks an important turning point for DSC, showcasing positive outcomes following a comprehensive restructuring process. Not only has DSC fulfilled the expectations of its shareholders, but it has also solidified its position as a reputable and professional securities company among institutional and individual clients, as well as partners within and outside Vietnam.
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