On May 15, shares of Saigon – Hanoi Commercial Bank (SHB) made significant gains, at one point reaching 13,650 VND per share, an increase of 5%, with trading volume exceeding 160 million shares, amounting to around 2.2 trillion VND. Shares of Saigon – Hanoi Securities (SHS) also rose to 13,000 VND per share, the highest level in the past 7 months. Notably, foreign investors bought a net of nearly 300 billion VND in SHB shares in this session.
Regarding business performance, SHB aims for a pre-tax profit of 14.5 trillion VND for 2025, representing a 25% increase compared to the previous year, with expectations for a 16% growth in credit lending. SHB’s shareholders will receive an 18% dividend for 2024. For SHS, the company plans revenues of 2.261 trillion VND and a pre-tax profit of 1.369 trillion VND in 2025. As of the end of Q1, SHS achieved 24% of its profit target.
Leave a Reply