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VIETNAM PRESS-Sai Gon Securities' net drops 10 pct y/y in 2013 - Lao Dong
February 27, 2014 / 2:06 AM / in 4 years

VIETNAM PRESS-Sai Gon Securities' net drops 10 pct y/y in 2013 - Lao Dong

Brokerage firm Sai Gon Securities Incorp reported a net profit of 417 billion dong ($19.8 million) in 2013, down 10 percent from a year earlier, the Lao Dong (Labour) newspaper reported.

The Ho Chi Minh City-based company’s fourth-quarter revenue fell 25 percent from a year ago, but revenue from its broking service surged 120 percent in the same period to 41 billion dong, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1=21,080 dong) (Hanoi Newsroom)

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