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Bao Viet Securities expects FY'18 profit to grow 9.5% YOY

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Bao Viet Securities expects FY'18 profit to grow 9.5% YOY

Bao Viet Securities JSC expects net profit and total revenues for 2018 to rise 9.5% and 4.2% year over year, respectively, Viet Nam News reported June 6.

The company said net profit is expected to increase to 134 billion Vietnamese dong from 122.4 billion dong in 2017. Further, it expects total revenues to grow to 504 billion dong from 483.8 billion dong, the publication reported, citing the company's management.

As of June 6, US$1 was equivalent to 22,810.00 Vietnamese dong.