Asia-Pacific Securities reports 190% profit decline to loss

Asia-Pacific Securities Joint Stock Company reported a 190% decrease in net profit for the first six months of 2025, swinging to a loss of VND 31.8 billion from a profit of VND 35.2 billion in the same period last year.

The downturn was primarily attributed to significant market volatility, leading to a 65% revaluation decrease in financial investment assets year-over-year. Total operating revenue fell 62% to VND 68.1 billion from VND 179.1 billion.

The auditing firm issued a qualified opinion regarding advances made to individuals, for which the company made a 100% provision.