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VPB: Explanation for business result in Q2/2019
HSX - 8/1/2019 3:40:00 PM
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VietNam Prosperity Joint Stock Commercial Bank has explained the increase in profit of Quarter 2/2019 compared to Quarter 2/2018:  

Profit after tax in Q2/2019 was VND2,048,831 million, increasing VND642,953 million or 45.73% compared to Q2/2018:

Reason:

-       Net interest income went up VND2,257,740 million or 20.39%.

-       Net income from service increased VND410,958 million or 136.21%

-       Expensive increased VND716,022 million or 30.76%.

-       Credit risk costs increased VND471,438 million or 16.87%.

 

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