First securities company sets loss target for 2025

BOS Securities Joint Stock Company (ART) will hold its 2025 annual shareholders’ meeting on March 7 in Hanoi. The company’s leadership expects to restore trading in the first half of 2025 to improve revenue and profit. However, due to not yet receiving approval from the State Securities Commission to withdraw from consulting and underwriting activities, they anticipate a loss of 9 billion VND in 2025, lower than the nearly 21 billion VND loss in 2024. The company plans a revenue of nearly 11 billion VND, 13 times that of the previous year. To increase capital, BOS plans to issue 20 million shares at a price of no less than 10,000 VND/share, raising its charter capital to 1,169 billion VND. The company also requests the State Securities Commission to consider approving consulting and underwriting activities to ensure financial safety. BOS has 34 employees, with the CEO and Chairwoman receiving high salaries. This company is part of the FLC ecosystem and is involved in a major securities manipulation case awaiting appeal.

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