Smart Invest Securities (AAS) adds 76 billion VND in profit, with cumulative EPS for 10 months estimated to reach 2,500 VND/share.

Thus, accumulated for the first 10 months of 2021, AAS achieved VND 660.6 billion in revenue and VND 252.97 billion in pre-tax profit, completing 125% of the adjusted pre-tax profit plan approved by the extraordinary general meeting of shareholders.

Estimated accumulated earnings per share (EPS) for 10 months is VND 2,500/share, calculated on the new charter capital of VND 800 billion. In October, AAS continued to maintain stable high profits after completing the increase of charter capital to VND 800 billion.

Profit from financial assets recognized through profit/loss (FVTPL), mainly the core business of bond investment, contributed VND 88.76 billion in revenue to AAS. In addition, revenue also included contributions from interest on loans and receivables of VND 1.11 billion, and securities brokerage revenue of VND 1.19 billion… Total operating expenses in October were VND 15.1 billion.

With the above results, AAS’s estimated after-tax profit is sufficient to implement the 2021 dividend distribution plan, at a rate of 30% as per the business plan just approved by the extraordinary general meeting of shareholders.

In the market, at the close of the trading session on November 2, AAS shares increased by 1.4% to VND 21,400/share.

According to tinnhanhchungkhoan