Investment Joint Stock Company HVA has created a significant growth trend in the third quarter of 2024, when recording outstanding financial indicators. HVA's revenue and profit both grew impressively, consolidating the company's position in the stock market. The financial indicators not only improved strongly, but also reflected HVA's sustainable development potential in the future.
Financial Revenue Breakthrough
In Q3/2024, HVA recorded a profit after tax of VND 1,187,659,690, an impressive growth of more than VND 64% compared to VND 418,745,341 in Q2. This increase mainly came from the restructuring of the investment portfolio, opening up new sources of revenue from financial and business activities. This result affirms the effectiveness of the restructuring strategy, helping HVA achieve strong growth after changes in investment structure.
Notably, HVA's net operating profit soared to VND1,487,809,323 in Q3, up from VND469,124,725 in Q2. This breakthrough not only reflects improvements in cost management but also results from operational strategies, helping to improve operational efficiency. These results not only demonstrate the ability to effectively manage costs but also demonstrate the success of the company's long-term development strategy.
In particular, revenue from financial activities in Q3 reached VND 2,062,582,619, a significant increase compared to VND 851,006,371 in Q2/2024. This is a clear demonstration of HVA's success in restructuring and diversifying its investment portfolio, expanding investment in digital assets, and strengthening investor confidence.
Factors Driving Sustainable Growth
HVA's success in Q3/2024 was driven by optimizing investments and expanding financial operations. HVA has allocated resources reasonably, minimized risks, and improved financial management efficiency, helping to increase gross profit and drive strong business growth.
In addition, in the third quarter, HVA invested 10 billion VND with ETH Blockchain Company in the form of a business cooperation contract under a 2-year BCC contract, aiming to invest in exploiting ETH digital assets in the Ethereum ecosystem through the staking mechanism and ETH Capital platform. The strategic cooperation between HVA Group and ETH Capital not only opens up new development opportunities but also contributes to promoting the development of the blockchain ecosystem in Vietnam. This is an important step to help HVA Group affirm its leading position in financial investment.
Vision and Development Orientation
HVA will expand its financial services and invest in high-potential areas. The company's long-term goal is to maintain growth momentum and ensure sustainable development by continuously improving the quality of products and services to meet customer needs. With a strategy focused on developing financial technology and innovative financial products, HVA aims to optimize opportunities and bring added value to both customers and partners.
HVA Group has affirmed its pioneering position in the financial industry with strong investment in digital assets and blockchain technology. By early recognizing the potential and exploiting opportunities from digital assets, the company not only generates financial profits but also builds a diverse and transparent digital asset ecosystem.
This ecosystem helps optimize business processes, increase security and create strong trust from investors, while orienting long-term development, contributing to the growth of Vietnam's digital economy. HVA continues to promote investment in digital assets, building a transparent and sustainable financial ecosystem, ensuring long-term value for shareholders and the community.
Conclude
HVA's Q3/2024 financial results have demonstrated a strong recovery and solid growth potential. Impressive financial indicators reflect the company's ability to overcome challenges in the financial market and develop sustainably in the coming time. HVA is ready for the next steps, affirming its position in the Vietnamese financial industry.
