Vinpearl shares "sold out" on the first day of listing, billionaire Vuong won big

(Dan Tri) - Nearly 1.8 billion shares of Vinpearl have just been officially traded on the HoSE, causing billionaire Pham Nhat Vuong's assets to skyrocket.

This morning (May 13), VPL shares of Vinpearl Joint Stock Company were officially listed on the Ho Chi Minh City Stock Exchange (HoSE) with a reference price of VND71,300/share, corresponding to a charter capital of nearly VND18,000 billion.

Immediately after listing, Vinpearl's VPL shares increased by nearly 20%. VPL shares hit the ceiling price, reaching VND85,500/share with 4,800 units traded. Buyers have more than 1.6 million units waiting at the ceiling price but there are no sellers.

With nearly 1.8 billion shares in circulation, Vinpearl has a market capitalization of more than 153,000 billion VND. Currently, Vingroup Corporation (stock code: VIC) of billionaire Pham Nhat Vuong is the largest shareholder at Vinpearl and owns 1.5 billion VPL shares, equivalent to 85.5% of charter capital.

The official trading of Vinpearl shares on the stock exchange has caused Vingroup Chairman Pham Nhat Vuong's assets to skyrocket to a record high.

According to Forbes estimates, billionaire Pham Nhat Vuong's assets increased by 122 million USD to 9.1 billion USD. He is currently ranked 331st on Forbes' list of the world's richest people. Billionaire Pham Nhat Vuong is also among the top billionaires in Southeast Asia.

Mr. Pham Nhat Vuong, Chairman of Vingroup (Photo: Vingroup).

Regarding business performance, Vinpearl recorded consolidated net revenue in the first quarter of 2025 of VND 2,971 billion, up 76.6% over the same period. Of which, revenue from the company's core business activities, including hotel services, tourism , entertainment and related services, reached VND 2,438 billion, up 45% over the same period in 2024. The company's after-tax profit also reached more than VND 90 billion.

In 2025, the company aims to achieve net revenue of about VND14,000 billion and after-tax profit of about VND1,700 billion. With the achieved results, in the first quarter of the year, Vipearl completed about 21% of the revenue plan and 5% of the annual profit plan.

Source: https://dantri.com.vn/kinh-doanh/co-phieu-vinpearl-chay-hang-ngay-chao-san-ty-phu-vuong-thang-lon-20250513104414370.htm