What was the highest price of F88 stock on the day of listing?

VHO - On August 8, 8,264,612 shares of F88 Investment Joint Stock Company will be officially listed on UPCoM (stock code F88). With the reference price in the first trading session being 634,900 VND/share, if it hits the ceiling, F88 can reach a price of more than 888,800 VND/share.

F88 continuously expands its chain of stores and loans

In the second quarter of 2025, F88 recorded double-digit growth with revenue increasing by 30%, reaching VND 925 billion; pre-tax profit increased by 220%, reaching VND 189 billion over the same period last year.

Net debt reached VND5,543 billion, revenue in the first 6 months of the year reached VND1,745 billion, up 30% over the same period and pre-tax profit reached VND321 billion, equivalent to 48% of the year plan.

By the end of the first 6 months of 2025, the company opened 20 more stores, completing 100% of the year's expansion plan, reaching 888 stores in operation.

In the second quarter of 2025, the number of new loan contracts increased by 19.5% and 76.2% respectively compared to the same period last year, while the rate of returning customers over total customers reached 50%.

This year, F88 aims to raise more than VND700 billion (equivalent to about USD27 million) through bond issuance.

Major investors present in F88’s ownership structure include Mekong Capital, Vietnam Oman Investment and Granite Oak. In addition, the company has also raised loans from international partners such as Lending Ark Asia and Lendable…

F88's ownership structure is for foreign investors as this group holds a total of more than 57% of charter capital.

The reference price in the first trading session of F88 was determined at VND 634,900/share, the highest on the Vietnamese stock market today, equivalent to a capitalization of VND 5,244 billion.

With the price fluctuation amplitude on the first trading day being up to ±40%, if it hits the ceiling, F88 shares can reach a price of more than VND 888,800/share.

Previously, the State Securities Commission approved F88 to become a public company.

Once approved, F88 has 30 days to register to trade shares on the UPCoM exchange.

This is considered an important stepping stone for the company to move towards its goal of listing on the Ho Chi Minh City Stock Exchange (HOSE) in 2027, three years later than the original plan.

Source: https://baovanhoa.vn/kinh-te/co-phieu-f88-gia-cao-nhat-la-bao-nhieu-trong-ngay-chao-san-158653.html