Thursday , June 13 2024

Vietnam Stock Exchange reports $52 mln profit

The Vietnam Exchange, which operates the Ho Chi Minh City and Hanoi bourses, reported post-tax profit of VND1.22 trillion ($52.06 million) for the first half of this year.

Of its revenues of VND1.98 trillion, 95 percent came from stock transactions, according to its first ever half-yearly earnings report,

The company, wholly owned by the Ministry of Finance, began operations in August last year.

VNX was established on April 13 last year as a company solely owned by the government, seeking to combine the mechanism and technical features of the Ho Chi Minh Stock Exchange and Hanoi Stock Exchange.

It has a charter capital of VND3 trillion.

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