TCI: Explanation of Net Profit Variance in Q1 2025 Financial Statements Compared to the Same Period Last Year

In Q1 2025, TCI Securities recorded a significant variance in net profit (NP) compared to the same period last year. Specifically, NP reached 10 million USD, an increase of 25% compared to Q1 2024. The main reasons for this increase include growth in revenue from investment consulting and brokerage services. Additionally, the company optimized its operating costs, enhancing profit margins. TCI stated that improving management efficiency and market approach strategies positively impacted business results. The company expects financial stability and further growth in the coming quarters by expanding its products and services.

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