Tien Phong Securities Corporation reported a net loss of over VND 7 billion, marking its first quarterly loss after nine quarters

In Q1 2025, Tien Phong Securities Corporation reported a net loss of over VND 7 billion, marking its first quarterly loss after nine quarters. The primary causes were a proprietary trading loss of more than VND 23 billion and a sharp rise in interest expenses to nearly VND 153 billion. Additionally, receivables from brokerage services surged nearly fourfold, highlighting growing financial management risks and declining operational efficiency.

In Q1 2025, Tien Phong Securities Corporation reported a net loss of over VND 7 billion, marking its first quarterly loss after nine quarters. The primary causes were a proprietary trading loss of more than VND 23 billion and a sharp rise in interest expenses to nearly VND 153 billion. Additionally, receivables from brokerage services surged nearly fourfold, highlighting growing financial management risks and declining operational efficiency.

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