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Monday, 18/5/2026 | 19:07 GMT+7

Bao Tin Manh Hai prepares for stock listing

Bao Tin Manh Hai, a major gold trading brand in the Northern region, will launch its initial public offering (IPO) in Q4.

Bao Tin Manh Hai announced this on 18/5. The company is in the pre-initial public offering (IPO) phase and plans to introduce the deal to foreign investment funds in June.

Vu Hung Son, chairman of Bao Tin Manh Hai, stated the company expects to sell at least 15% of its shares in the offering. The company will collaborate with SSI Securities (SSI) on the share offering and final valuation, then list its shares on the Ho Chi Minh Stock Exchange (HoSE). Earnings per share (EPS) for the end of 2025 reached approximately 25,813 dong per share, a high level compared to currently listed stocks.

Bao Tin Manh Hai store on Minh Khai street, Hanoi. Photo: BTMH

Established in 1992 by Vu Manh Hai, Bao Tin Manh Hai is a prominent gold, silver, and gemstone brand in the Northern region. In 2023, Vu Hung Son, his son, became the company's chairman.

The company currently has a charter capital of 1,000 billion dong and operates 16 stores, primarily located in Hanoi and Ho Chi Minh City (TP HCM). This year, the company expanded into the silver bullion segment.

In 2025, Bao Tin Manh Hai reported net revenue of 27,891 billion dong and after-tax profit of 774 billion dong, representing 11-fold and 35-fold increases, respectively, compared to the previous year. Total assets by the end of 2025 exceeded 3,300 billion dong.

For 2026, the company plans for revenues of 74,000 billion dong and an after-tax profit of approximately 1,574 billion dong, an increase of 165% and 103%, respectively, compared to 2025 performance. Bao Tin Manh Hai also expects to increase its number of sales points to 80 stores this year.

Trong Hieu

By VnExpress: https://vnexpress.net/bao-tin-manh-hai-chuan-bi-niem-yet-co-phieu-5075244.html
Tags: IPO Bao Tin Manh Hai gold stock listing

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