AsemconnectVietnam - On April 9th, Kafi Securities Joint Stock Company held its 2026 Annual General Meeting of Shareholders, announcing strong business growth in 2025, and presenting plans to expand its scale, increase capital, and aim for an IPO in the coming period.

Favorable market conditions, strong business growth in 2025.
In 2025, the Vietnamese stock market recorded positive developments with the VN-Index reaching approximately 1,784 points, a 40.8% increase compared to the previous year. Liquidity remained high, averaging around VND26,500 billion per session, reflecting a strong return of capital.
In this context, Kafi recorded impressive business results with revenue in 2025 reaching VND2,842 billion, a 197% increase compared to the previous year; Pre-tax profit reached VND458 billion, an increase of 78%.
Total assets reached VND26,131 billion, an increase of 63%. The individual customer segment continued to be the driving force for growth, with the number of accounts reaching 265,000, an increase of more than 11 times. Margin lending reached VND10,720 billion, an increase of 101%, while the value of customer transactions reached VND134,000 billion, an increase of 76%.
Financial safety indicators were maintained at a high level with a capital adequacy ratio of 444%, ROE of 5.8%, creating a foundation for the next expansion phase.
In parallel with scale growth, Kafi is accelerating its development strategy towards a technology investment platform. The product ecosystem is expanding with Kafi X, K-Bond bonds, Smart Portfolio, derivatives, warrants, and targeted investment solutions.
The company is also gradually integrating artificial intelligence (AI) into its investment operations, from data analysis to decision support, to improve efficiency and personalize the customer experience.
Profit target of VND1,050 billion, capital increase for expansion
In 2026, Kafi aims for a pre-tax profit of VND1,050 billion, a 129% increase compared to 2025; total assets are expected to reach VND35,000 billion, a 34% increase.
To meet growth needs, the company is presenting to shareholders a plan to issue 125 million shares to the public, equivalent to approximately 16.67% of the outstanding shares. The capital raised is expected to be allocated 70% to margin lending and 30% to proprietary trading, with implementation scheduled for 2026 after regulatory approval.
In addition, Kafi plans to issue approximately 3.75 million ESOP shares to retain personnel and strengthen long-term resources.
With a development strategy based on technology, data, and asset management, Kafi is gradually improving its scale, governance, and financial capacity, aiming for an IPO in the near future.
N.Nga
Source: VITIC/Tinnhanhchungkhoan