A Securities Company Unexpectedly Adjusts Profit Plan to Quadruple

APG’s Board of Directors has revised its business plan at the annual shareholder meeting in 2025, aiming for revenue to increase from 100 billion VND to 300 billion VND (three times) and profit from 30 billion VND to 120 billion VND (four times). This growth is attributed to the restructuring of the company and expectations for market enhancement. The company will relocate its headquarters to Ho Chi Minh City and continue to maintain credit relationships with major banks. In the first quarter, APG reported revenue of 25 billion VND, with a net profit of 8.8 billion VND, an increase of nearly 41% compared to the previous year, thanks to interest from lending and reduced financial asset losses. APG currently has a loan balance of over 495.7 billion VND, increasing by 78% compared to the same period last year.

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