CV Securities Joint Stock Company (CVS) reported a pre-tax loss of over VND 6 billion for Q1 2025, marking the 11th consecutive quarter of losses
CV Securities Joint Stock Company (CVS) reported a pre-tax loss of over VND 6 billion for Q1 2025, marking the 11th consecutive quarter of losses. The company achieved only 9% of its revenue target, with a 17% shortfall in its goal. CVS's revenue grew by 1,472% compared to last year, primarily from investments and lending, but its operating costs, especially brokerage expenses, reached nearly VND 8 billion. The company’s total assets decreased by VND 6 billion, and its margin debt rose to nearly VND 5 billion.
CV Securities Joint Stock Company (CVS) reported a pre-tax loss of over VND 6 billion for Q1 2025, marking the 11th consecutive quarter of losses. The company achieved only 9% of its revenue target, with a 17% shortfall in its goal. CVS's revenue grew by 1,472% compared to last year, primarily from investments and lending, but its operating costs, especially brokerage expenses, reached nearly VND 8 billion. The company’s total assets decreased by VND 6 billion, and its margin debt rose to nearly VND 5 billion.
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