Tag: capital growth
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The Arrest of the Former Bach Dat An CEO: Unraveling the Mystery
Mrs. Hoang Thi Kim Chau has been detained by criminal investigators to clarify the misuse of funds raised by Bach Dat An JSC from the public.
“Declining Core Revenue and Soaring Expenses: Unveiling Dragon Capital’s Manager’s Earnings in Q3”
In Q3 of 2024, the financial results of Dragon Capital Vietnam Asset Management JSC (DCVFM) were significantly impacted by a decline in revenue from its two core business segments: advisory and fund management. While revenue from these key areas decreased, management expenses rose sharply, creating a challenging environment for the company.
“Soaring Provisioning Costs, Yet BVBank’s 9-Month Pretax Profit Triples Year-on-Year”
The consolidated financial statements show that despite increasing provisions for risk, BVBank (BVB on UPCoM) reported a remarkable performance with a near threefold increase in pre-tax profit for the first nine months, totaling VND 182 billion. This impressive growth is a testament to the bank's core lending business, which has seen a significant boost in revenue.
