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Maybank Securities’ Business Plan for 2024
Source: Maybank Securities’ Board Resolution
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The target revenue for 2024 is 803.6 billion VND, a 16% increase compared to the previous year’s performance. Maybank Securities continues to focus on its main sources of income from lending and receivables, expecting to bring in 486 billion VND, a 20% increase. This is followed by revenue from brokerage activities, with a planned amount of nearly 214 billion VND, a 10% increase. These two indicators account for 61% and 27% respectively in the planned revenue structure for 2024.
It is worth noting that although it accounts for a small proportion (only 1%), the expected growth of consulting revenue is 200%, reaching over 8 billion VND.
After deducting total expenses of 521 billion VND, the company’s pre-tax profit reaches 283 billion VND, a 2.4% increase compared to 2023.
