Hanoi (VNA) - The Ho Chi Minh Stock Exchange(HoSE) has reported its pre-tax profits dropped by almost half year-on-year to 200billion VND (8.63 million USD).

With thisfigure, the southern bourse has fulfilled 31 percent of its whole-year pre-tax profit plan.

In the firstsix months of 2019, HoSE earned 325 billion VND in revenue, down 223 billion VND from last year’snumber.

The dropof income from stock trading fees was the cause of the bourse’s lower revenue.

Incomefrom trading charges fell by 214 billion VND to 272 billion VND in the firstsix-month period, vneconomy.vn reported.

At theend of the second quarter, the exchange’s total capital fell 66 billion VND to 1.85trillion VND. Equity capital was nearly 1.57 trillion VND.

Therewere 445 items listed on HoSE as of June 30, including 377 stocks, 53 corporateand local government bonds, two closed-fund certificates, one real estateinvestment trust fund certificate, two exchange-traded fund certificates and 10covered warrants.

The totalmarket value was up 11.2 percent year on year in six months to 3.2 quadrillionVND, accounting for 57 percent of last year’s total gross domestic product (GDP).

The southernbourse plans to earn 1 trillion VND in revenue this year and 650.3 billion VNDin pre-tax profit.

Meanwhile, the HanoiStock Exchange (HNX) recorded its six-month revenue was down by 27 billion VNDfrom the previous year to 262 billion VND.

As ofJune 30, the northern trading bourse earned 213 billion VND, up 21.7 percentyear on year, thanks to lower corporate management expense.

Totalassets of the northern bourse were down 82 billion VND to 1.2 trillion VND asof June 30. The figure included 1.05 trillion VND worth of owner equity.-VNA