Update on securities firms' Q1 results on April 19: VIX and VDSC disappoint

Update on securities firms' Q1 results as of April 19: several brokerage houses published their Q1 2026 financial statements, with results broadly mixed. VPBankS (VPBank Securities) led the pack with 3-month operating revenue of VND 2,871 billion, four times the same period a year earlier. Income from FVTPL assets rose 296% to VND 1,822 billion, plus VND 880 billion from lending and receivables. However, costs rose with the rising revenue. VPBankS posted pretax profit of VND 515 billion in Q1 2026, up 47% year on year. Chứng khoán KIS (KIS Securities) reported pretax profit of VND 254 billion, up 90% YoY. Chứng khoán FPT posted pretax profit of VND 184 billion, up 7%. Chứng khoán LPBS posted pretax profit of VND 90 billion in Q1 2026, up 92%. Chứng khoán Public VN posted pretax profit of VND 12 billion, up 550%. Disappointing was Chứng khoán VIX: revenue rose but higher costs left pretax profit at only VND 156 billion in Q1, down 66% YoY, breaking the three-quarter streak of trillion-dong profits. Chứng khoán Rồng Việt (VDSC) posted a loss of VND 31 billion in Q1 2026. An Thái Nhịp sống thị trường