VPS Securities Smashes Annual Profit Target in Nine Months, Plans Major IT Investment and Capital Increase
VPS Securities JSC (VPS) has reported impressive financial results, surpassing its annual profit target within just nine months. The company also plans significant IT investment and capital increases, aiming to boost its market dominance in the stock market today.
VPS's pre-tax profit for the first nine months of 2025 reached VND3,192 billion ($121.08 million), exceeding the full-year target of 2024 by 1.2%. This remarkable performance was driven by a 70.1% year-on-year increase in Q3/2025 profits, which totalled nearly VND1,400 billion ($53.11 million).
The company's leading position in Vietnam's brokerage market has been maintained over the past five years, with VPS holding a significant market share across all three exchanges - HoSE, HNX, and UPCoM. In Q3/2025 alone, VPS led the Ho Chi Minh City Stock Exchange's (HoSE) ranking with a 17.05% market share.
To further strengthen its market position in the stock market, VPS plans to invest $150 million in IT development over the next three years. The company also aims to increase its charter capital from VND5.7 trillion to VND16,442 billion ($623.67 million) through three capital increase plans, including issuing bonus shares, conducting a private placement, and IPOing up to 202.3 million shares.
VPS's exceptional financial performance, coupled with its strategic plans for IT investment and capital increases, signals a strong commitment to maintaining its market leadership and driving further growth in Vietnam's brokerage market.
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