SAV Securities Company reported a profit difference for Q1 2025 compared to Q1 2024. The profit after tax for Q1 2025 reached 20 million VND, a 10% decrease from 22 million VND in Q1 2024. The main reason for this decline is the volatility in the stock market, which led to a significant drop in revenue from brokerage and consultancy activities. Additionally, operating costs increased due to investments in technology and personnel. The company mentioned it is implementing measures to improve the situation, including cost optimization and enhancing business activities. A bright spot in its development strategy is the expansion of derivatives and investment consulting services. SAV expects recovery in the next quarter as the market stabilizes. The company is committed to improving operational efficiency to benefit shareholders.
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