Vinpearl approved to list 1.8 billion shares, opening price 71,300 VND

Nearly 1.8 billion shares of Vinpearl will officially trade on HoSE from May 13 - Photo: VG

According to HoSE's announcement, VPL's reference price on the first trading day at HoSE is VND 71,300/share and the first trading day is May 13, 2025.

With 1.8 billion shares in circulation, this resort business is valued at nearly VND130,000 billion, ranking in the top 15 companies by largest capitalization value on HoSE.

This is also the 4th company in the Vingroup ecosystem to list shares on HoSE, along with Vingroup Corporation (stock code VIC), Vinhomes Joint Stock Company (stock code VHM) and Vincom Retail Joint Stock Company (stock code VRE).

As of May 7, the total capitalization of the above 4 enterprises is about 736,478 billion VND.

In 2024, Vinpearl was honored by Brand Finance ( the world's leading organization in brand valuation) as the strongest brand in Vietnam, and entered the Top 3 strongest brands in Southeast Asia, with an impressive brand value growth of 34%.

Besides, Vinpearl is also the only brand in the tourism sector to be included in the Top 50 most valuable brands in Vietnam.

Starting from the Vinpearl Resort Nha Trang complex, after more than 21 years of development, Vinpearl now owns, manages and operates 48 facilities in 18 provinces and cities nationwide.

The portfolio includes 31 hotels and resorts with a total capacity of over 16,100 rooms, 4 theme parks, 5 entertainment areas, 1 conservation park, semi-wild animal care, 1 water park, 1 equestrian academy, 4 golf courses and 1 culinary conference center.

In 2024, Vinpearl's net revenue will reach VND 14,376 billion, after-tax profit will reach VND 2,550 billion, up 55% and 280% respectively compared to 2023.

In the first quarter of 2025, the net revenue from core business activities (including hotel services, tourism, entertainment and related services) of this enterprise reached VND 2,435 billion, an increase of 45% over the same period last year. Along with that, gross profit from this business activity also recorded an impressive growth of 83% compared to the first quarter of 2024, reaching VND 450 billion.

Total operating revenue (including facilities managed by Vinpearl) will reach nearly VND 12,800 billion in 2024 and nearly VND 3,900 billion in the first quarter of 2025, corresponding to growth rates of 36% and 33% respectively over the same period.

At the 2025 annual general meeting of shareholders, Vinpearl's business plan was approved with an estimated net revenue target of about VND 14,000 billion, and an expected after-tax profit of about VND 1,700 billion for the whole year of 2025.

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Source: https://tuoitre.vn/chap-thuan-vinpearl-niem-yet-1-8-ti-co-phieu-gia-chao-san-71-300-dong-20250507185642248.htm