MBS Annual General Meeting: Record Profit Target, Plan to Increase Charter Capital to Nearly 6.7 Trillion VND

At the annual shareholders’ meeting on April 15, 2025, MB Securities Joint Stock Company (MBS) set a revenue target of 3.37 trillion VND and a pre-tax profit target of 1.3 trillion VND for 2025, representing increases of 8% and 40% year-on-year. MBS also aims for a minimum market share of 6% in brokerage services. In 2024, MBS achieved revenue of 3.131 trillion VND, exceeding the plan by 12%, with a pre-tax profit of nearly 931 billion VND. During the meeting, MBS approved the issuance of 94.5 million shares to increase charter capital from 5.728 trillion to 6.673 trillion VND through various methods, including 68.7 million shares for existing shareholders and 17.2 million shares for capital increases. Digital transformation has helped MBS double its customer base and increase labor productivity by 26% in 2024. MBS commits to maintaining stable and transparent dividends, with expectations of strong support from shareholders for the upcoming issuance.

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