VPS Securities Plans Share Sale, Expansion Amidst Market Boom
VPS Securities JSC has revealed plans to sell shares, aiming to boost its charter capital and expand into new areas. The move comes amidst robust growth in the stock market today and a timely upgrade by FTSE Russell.
VPS Securities' pre-tax profit surged in Q3/2025, reaching VND1,400 billion ($53.12 million), a 70.1% increase from the previous year. This impressive performance follows a strong first nine months, with profits totaling VND3,192 billion ($121 million), surpassing the full-year 2024 result by 1.2%.
The company's dominance in the brokerage market is evident, with a 17.05% market share in Q3/2025, outpacing its closest rival. To further strengthen its position, VPS Securities plans to increase its charter capital to VND16,441 billion ($623.77 million) through an Initial Public Offering (IPO) and capital-raising deal.
VPS Securities also aims to expand into new areas such as commodity services and digital asset solutions. To support this growth, the company plans to invest $150 million in IT over the next three years, doubling its IT workforce. This expansion aligns with the projected growth of the stock market today, expected to grow at a CAGR of 37% during 2024-2029.
The recent upgrade of Vietnam's stock market today status by FTSE Russell from 'frontier' to 'secondary emerging' is seen as ideal timing for VPS Securities' upcoming IPO. This upgrade is expected to enhance investor confidence and drive robust, sustainable growth in the market.
VPS Securities' strategic business adjustment, including the sale of shares and expansion into new areas, positions the company to capitalize on the robust growth of the stock market today. With a strong financial performance, dominant market share, and timely upgrades, VPS Securities is poised for further success.
