AsemconnectVietnam - On June 24, 2025, Bao Viet Securities Joint Stock Company (BVSC - stock code BVS) successfully held the 2025 Annual General Meeting of Shareholders at Bao Viet Building, No. 8 Le Thai To, Hoan Kiem, Hanoi.

The meeting was attended by 90 shareholders (including 76 shareholders attending in person and 14 shareholders attending by proxy), representing 43.6 million shares, and accounting for 60.4% of the voting shares. The important contents presented at the Congress were all approved with a high consensus rate, including the Report on business performance in 2024 and the company's business plan direction in 2025, the Report of the Board of Supervisors, the Proposal for approval of the audited financial statements in 2024, the Proposal for profit distribution and remuneration payment in 2024 & the profit distribution plan, remuneration plan in 2025.
At the Congress, Mr. Nguyen Hong Tuan - Chairman of the Board of Directors (BOD) of the Company presented the Report on the activities of the Board of Directors in 2024, orientation for 2025. Next, the Congress listened to Mr. Nhu Dinh Hoa - Member of the Board of Directors, General Director of the Company Report on business performance in 2024 and business plan in 2025.
Accordingly, BVSC recorded business results exceeding the plan, revenue reached VND949 billion, completing 114.6% of the plan; after-tax profit reached VND206 billion, equivalent to 125.1% of the plan. The capital efficiency index (ROE) reached 8.61%, a significant increase compared to 7.10% in 2023. Compared to the average ROE of the whole industry in 2024 (calculated based on data published by securities companies), reaching 4.39%, shows the efficiency of capital use of BVSC. In 2024, BVS stock price recorded impressive growth, up 48% compared to the closing price at the end of 2023. Market liquidity improved strongly, with the average trading volume and value per session in 2024 reaching 728,904 shares and VND27.9 billion, respectively, an increase of 110% and 225% compared to the average of the previous year. Previously, on October 22, 2024, the Company paid cash dividends to shareholders at a rate of 8% of the par value of shares, demonstrating its commitment to maintaining financial efficiency and ensuring shareholder rights.
Mr. Nhu Dinh Hoa also said that entering 2025, the financial market may face a number of challenges, including tariffs from the US, leading to traditional investment channels such as real estate, gold and foreign currency recording attractive returns, creating clear competition for stock investment channels. However, on a macro level, many positive factors continue to support the stock market, especially the promotion of public investment plans, monetary policy maintaining a loose state and interest rates remaining low. These will be important driving forces to boost liquidity and investor sentiment.
Regarding the 2025 revenue plan, BVSC aims to reach VND1,025 billion, an increase of 8% compared to the results achieved in 2024, focusing on core business areas, including brokerage, margin lending and proprietary trading. Regarding pre-tax profit, BVSC aims to reach VND180 billion in 2025, the dividend payment plan for 2025 is expected to be similar to 2024 at 8% of par value of shares.
The meeting took place enthusiastically with the discussion, in which questions and opinions from shareholders to the presidium focused on the prospects for market upgrading, risk management for margin services, digital transformation and human resource development of BVSC as well as the orientation of capital increase and the advantages of BVSC in the Bao Viet ecosystem.
After half a day of intensive work, the Annual General Meeting of Shareholders of Bao Viet Securities has concluded its agenda. The minutes and resolutions of the meeting with many important contents were approved with a 100% rate. The consensus on the important contents has created a solid foundation for the next development stage of BVSC. This is considered the first step in creating a new development space and affirming the Company's position in the Vietnamese securities and financial market.
N.Nga
Source: VITIC/Tinnhanhchungkhoan