Vinpearl Joint Stock Company’s VPL stock continued to make a strong impression on the HoSE floor, hitting the ceiling for three consecutive sessions since its debut on May 13th.
Specifically, at the close of May 15th, the VPL stock price stood at 97,700 VND per share, surging 6.89% from the previous session, with a matched trading volume of over 1.8 million units.
This marked the third consecutive ceiling-hitting session for this HoSE newcomer, following a 19.92% surge on May 13th and a 6.9% jump on May 14th.
Thus, after just three trading sessions, the VPL stock price had climbed 37.03%, or 26,400 VND per share, the most impressive gain in the stock market in recent sessions.
The strong upward momentum propelled the company’s market capitalization significantly upwards to over 175,205 billion VND, an increase of more than 45 trillion VND after just three trading sessions.
Prior to this, VPL stock debuted on HoSE on May 13th, with a reference price of 71,300 VND per share on its first trading day. With 1.8 billion outstanding shares, Vietnam’s leading hospitality enterprise was valued at nearly 130 trillion VND.
Nearly 1.8 billion VPL shares officially traded on the HoSE since May 13th
This is also the fourth company in the Vingroup ecosystem to list its shares on HoSE, alongside Vingroup Joint Stock Company (VIC), Vinhomes Joint Stock Company (VHM), and Vincom Retail Joint Stock Company (VRE).
In terms of business performance, in the first quarter of 2025, Vinpearl recorded core business revenue (including hotel, tourism, entertainment services, and related services) of 2,435 billion VND, up 45% over the same period last year. Meanwhile, gross profit from this business segment also posted an impressive 83% year-over-year increase to reach 450 billion VND. Total operating revenue (including facilities managed by Vinpearl) reached nearly 12,800 billion VND in 2024 and nearly 3,900 billion VND in the first quarter of 2025, representing growth rates of 36% and 33%, respectively, compared to the same periods.
At the 2025 Annual General Meeting of Shareholders, Vinpearl’s business plan was approved, targeting approximately 14,000 billion VND in net revenue and approximately 1,700 billion VND in after-tax profit for the full year 2025. These figures demonstrate Vinpearl’s determination to enhance operational efficiency and optimize profits from its core services.
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