Immediately following its market debut, KHX shares surged to their upper limit, reaching VND 25,000 per share—a 40% increase from the reference price. This propelled KHX’s market capitalization to VND 125 billion.
Established with a charter capital of VND 50 billion, Khanh Hoa Book Distribution (KHX) is headquartered at 34 Thong Nhat Street, Nha Trang City, Khanh Hoa Province. KHX operates a network of 14 book centers across multiple provinces in the South Central region. The company’s core business revolves around distributing products such as textbooks, reference books, stationery, and more. Founded in 1976 as the Phu Khanh State-Owned Book Distribution Enterprise, it was renamed Khanh Hoa Book Distribution Joint Stock Company in 1989. Over the years, KHX has consistently expanded and upgraded its bookstore network, renovating the Dien Khanh Book Center and constructing new centers in Tuy Hoa, Phan Rang Hai Quan, Thong Nhat, Vinh Phuoc, and others. Concurrently, its charter capital grew from VND 1.4 billion in 2003 to VND 50 billion in 2024.
By 2025, with 14 book centers spanning over 4,000 m² of retail space and a workforce of 160 employees, KHX has solidified its position as a leading book distribution and retail enterprise in Central Vietnam.
KHX’s book centers
|
KHX’s recent financial performance has demonstrated stability, with revenue steadily rising from VND 109 billion in 2022 to VND 139.9 billion in 2024. Projections indicate a 9.4% increase in 2025, reaching VND 153 billion, reflecting a compound annual growth rate (CAGR) of approximately 6.99%.
2026 Revenue Target: VND 200 Billion
According to the company’s leadership, 2026 revenue is expected to grow by 16% year-over-year, hitting VND 200 billion. This growth is attributed to expanded retail outlets, a diversified product portfolio, and optimized operational efficiency across existing stores.
Over the next three years, KHX aims to accelerate its retail network expansion, enhancing brand visibility and customer reach throughout Central Vietnam. The company plans to increase its book centers to 50 by the end of 2027.
Alongside network growth, KHX is focused on standardizing operations, optimizing display areas, upgrading brand identity, and diversifying product offerings. These initiatives aim to boost profit margins per store and overall system profitability.
– 10:02 15/01/2026
KienlongBank Sets Initial Public Offering Price for HoSE Listing
Over 582 million KLB shares of KienlongBank will debut on HoSE on January 15th with a reference price of VND 16,200 per share and a daily fluctuation range of +/-20%.
Exclusive: VCK’s Private Placement Attracts Sole Investor
Following the conclusion of its private placement of 161.85 million shares, VPS Securities JSC (HOSE: VCK) successfully sold 39.51 million shares, raising nearly VND 1.9 trillion. However, only one out of the initially anticipated five investors participated in the offering.
Thai Tycoons’ Painful Ventures in Vietnam: From Sabeco’s Billion-Dollar Peak to Nguyen Kim’s Shrinkage to 1/14th of Dien May Xanh’s Size
After a decade of aggressively acquiring leading businesses, the investment landscape of Thai billionaires is now showing clear signs of diversification, moving away from a uniformly rosy outlook.
Sunshine Group’s Additional 600 Million Shares to Begin Trading on December 24th
As announced by the Hanoi Stock Exchange (HNX), nearly 600 million additional KSF shares from Sunshine Group will officially begin trading on HNX from December 24, 2025. This development increases the total number of the Group’s shares in circulation to approximately 900 million units.
MCH Confirms HOSE Listing on December 25th with Reference Price of VND 212,800 per Share
Masan Consumer Holdings (Masan Consumer, UPCoM: MCH) has announced its official listing on the Ho Chi Minh City Stock Exchange (HOSE) starting December 25, with a reference price of VND 212,800 per share.
