Techcom Securities (TCX) Q3 2025 earnings summary

Executive summary

• Total assets reached VND 81.77 trillion as of 30 September 2025, up from VND 53.24 trillion at year-end 2024.

• Owners' equity increased to VND 42.48 trillion, reflecting capital injections and retained earnings.

• Charter capital rose to VND 23.11 trillion following share issuances, including an IPO.

• The company operates in securities brokerage, proprietary trading, investment advisory, and underwriting.

Financial highlights

• Operating income for the first nine months was VND 7.85 trillion, up from VND 5.77 trillion year-over-year.

• Profit before tax for the period was VND 5.07 trillion, a 31% increase from VND 3.87 trillion in the prior year.

• Net profit after tax reached VND 4.05 trillion, up from VND 3.10 trillion year-over-year.

• Earnings per share for the period was VND 1,937, compared to VND 1,583 in the prior year.

• Total operating expenses rose to VND 749.6 billion from VND 444.0 billion year-over-year.

Outlook and guidance

• The company aims to maintain its position as a leading financial consulting partner and enhance investment experiences for Vietnamese families.

• Management continues to monitor risk and maintain a balance between risk and control, with policies in place for market, credit, and liquidity risk.