Tiên Phong Securities plans to earn 139 billion VND and wants to issue bonds for up to 3 trillion VND

Tiên Phong Securities Joint Stock Company (TPS) is set to hold its General Shareholders’ Meeting on June 27, 2025. TPS acknowledges the challenging economic context with currency fluctuations and geopolitical factors, thus adopting a cautious plan for 2025 with revenues of 1.379 trillion VND and a pre-tax profit of 139 billion VND, down from 2024. The company will focus on improving products and services, digital transformation, and restructuring to enhance efficiency. Notably, TPS plans to issue bonds worth up to 3 trillion VND to restructure debt and supplement capital for core business activities. Furthermore, TPS will present a proposal to the shareholders’ meeting to approve a loan transaction with TPBank, ensuring total debt does not exceed 3 trillion VND or 35% of total assets.