The Yuanta Securities Board of Directors has approved adjustments to their 2025 business plan, reducing targets from figures previously set in a meeting on January 15th. Specifically, average margin lending balance targets were lowered from VND 5,550 billion to VND 5,042 billion, a 9% decrease, and total revenue targets were adjusted from VND 827 billion to VND 793.6 billion, a 4% reduction.
Despite these reductions, the company is still poised to set historic business milestones if the new plan is realized.
![]() Source: Yuanta Securities, writer’s synthesis
|
In the first half of 2025, Yuanta Securities generated nearly VND 305.4 billion in total revenue, a 6% decrease compared to the same period last year. With these results, the company achieved nearly 37% of its initial plan and over 38% of the new plan.
After deducting all expenses, the company’s net profit was over VND 51 billion, a 28% decrease.
As of the end of the second quarter of 2025, the company’s asset scale reached over VND 5,571 billion, a 3% increase from the beginning of the year. Margin lending balances accounted for the largest proportion, with nearly VND 4,432 billion, a 5% increase.
According to the explanatory notes to Yuanta Securities’ reviewed semi-annual financial statements for 2025, the scale of margin trading contracts was over VND 4,399 billion, a 4% increase, and provisions for impairment were nearly VND 2.5 billion. The remaining loan balance came from advance payments for securities sales, totaling VND 32 billion.
The company stated that the securities of customers participating in margin trading are held by the company as collateral for the loan. The market value of total collateral at the end of the second quarter of 2025 was over VND 13,842 billion, a 2% increase from the beginning of the year.
![]() Source: Reviewed Semi-annual Financial Statements 2025 of Yuanta Securities
|
At the meeting, the Yuanta Securities Board of Directors also approved amendments to the terms of a VND 120 billion credit contract (CP/HCM/006-23 dated 06/09/2023) from Bangkok Bank Public Company Limited, Ho Chi Minh City Branch (Bangkok Bank – Hochiminh), and a support letter for this loan from Yuanta Securities Company Limited (a company within the same group).
Additionally, the Board approved the cancellation of a guarantee letter from Yuanta Securities Asia Financial Services Private Limited (the parent company holding 94.1% of Yuanta Securities’ capital) on the existing loan at Bangkok Bank – Hochiminh under the aforementioned credit contract.
– 6:11 PM, August 13, 2025
“TV3 Recalibrates: Scaling Down 2024 Profit Target by 21%”
Assuming that it would be challenging to achieve the business plan targets for 2024 as assigned by the General Meeting of Shareholders, Construction Electricity Consultancy Joint Stock Company (HNX: TV3) is seeking to adjust its business plan by lowering the targets.