SSI Securities (HOSE: SSI) | 2025 SSI AGM Note

Profit Before Tax Over VND 1,000bn in Q1 2025

In Q1 2025, revenue reached VND 2,159bn (+9.5% YoY) and PBT reached VND 1,047bn (+11.1% YoY), completing 22.3% and 24.6% of the full-year target, respectively.

2025 Business Guidance

o       Revenue: VND 9,695bn (+13.7% YoY)

o       PBT: VND 4,252bn (+20.0% YoY)

Strategic Plan For Each Segment

o       Securities Services - Retail: Targeting to expand market share to 7.69%, representing a 15% growth over 2024. The average margin lending balance is expected to reach VND 26,000bn, representing an 18.2% increase compared to the end of 2023. The company confirmed it has sufficient capital to meet growing market demand for margin lending.

o       Securities Services - Institutional: Aiming to expand the network of strategic partners and enhance the use of technology to optimize trading activities and portfolio management.

o       Investment Banking: Revenue target set at VND 105.9bn (+14%YoY). Focus will be on strengthening core advisory services and transaction execution.

o       Treasury and Trading: Expected to grow by 10% YoY in 2025, continuing to optimize capital use and risk-adjusted returns.

Other Activities:

o       Dividend policy: SSI plans to pay a 10% cash dividend, equivalent to VND 1,974 bn. This policy has been consistently applied since 2015.

AGM documents 2025: [here]

AGM resolution 2025: [here]