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AMY GRUPO Officially Receives IPO Approval – Laying the Foundation for Sustainable Growth and an Attractive Investment Opportunity in the Stock Market

After more than a decade of development, AMY GRUPO has reached a significant milestone by officially receiving the Certificate of Registration for the Initial Public Offering (IPO) from the State Securities Commission of Vietnam (SSC).

According to the certificate issued on June 30, 2026, AMY GRUPO will offer 16.1 million ordinary shares with a par value of VND 10,000 per share, representing a total par value of VND 161 billion. Supporting the Company in this transaction is Vietcap Securities, one of Vietnam's leading firms specializing in IPO advisory and capital raising services.

Receiving IPO approval marks a major turning point in AMY GRUPO's development journey, opening a new chapter in the capital market as the Company continues to strengthen corporate governance, enhance transparency and information disclosure, and access long-term capital to support its growth strategy.

To provide investors with the opportunity to meet the Company's leadership team and gain deeper insights into its long-term development strategy, AMY GRUPO will soon host an IPO Roadshow introducing its investment opportunity. Interested investors may register to attend using the information provided below.

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From Its First Factory to a Large-Scale Building Materials Group

Established in 2015 as a premium ceramic tile manufacturer, AMY GRUPO has steadily evolved into an integrated building materials industrial group with a diversified product ecosystem, including ceramic and porcelain tiles, sintered stone, glazed ceramic roof tiles, SPC flooring, Hybrid flooring, LVT flooring, wall panels, and other finishing materials.

At the same time, AMY GRUPO has continuously expanded its manufacturing capacity. Since commissioning its first factory in 2016, the Group has grown to include several manufacturing subsidiaries, including AMYGRES, AMY SPC, Hera Tiles, and AMY Hoa Son, forming a comprehensive manufacturing ecosystem across the building materials industry.

By 2026, the Group's total designed production capacity had exceeded 75 million square meters of products annually, placing AMY GRUPO among the leading building materials manufacturers in Vietnam.

In addition, the Company has consistently invested in European manufacturing technologies, research and development (R&D), and internationally recognized management standards to enhance product value and strengthen its competitive advantage.

Exports Become a Key Growth Driver

One of AMY GRUPO's key differentiators compared with many domestic building materials manufacturers is its international market development strategy.

The Company has established a sales network spanning more than 30 countries and territories, including the United States, Europe, Japan, South Korea, Australia, and Central Asia. At the same time, it has developed a network of more than 150 showrooms across Vietnam, creating a balanced distribution platform serving both domestic and export markets.

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The effectiveness of this strategy is clearly reflected in the Company's revenue structure. In the first quarter of 2026, overseas revenue reached VND 1,408 billion, accounting for nearly 79% of total consolidated revenue.

This high export contribution significantly reduces AMY GRUPO's dependence on Vietnam's domestic real estate cycle while creating sustainable growth opportunities as demand for building materials continues to expand across international markets.

Business Performance Continues Its Strong Growth Momentum

The period from 2024 through the first quarter of 2026 witnessed strong growth in both the scale and operational efficiency of AMY GRUPO.

The year 2024 marked a major turning point, with consolidated revenue reaching VND 6,037 billion, an increase of more than 60% compared to the previous year.

Gross profit doubled to VND 1,501 billion, reflecting improvements in both sales performance and operating efficiency. Net profit after tax reached nearly VND 815 billion, approximately 2.9 times higher than in 2023, while earnings per share (EPS) increased from VND 3,240 to VND 9,042. These results demonstrate that the Company has entered a new growth phase with significantly improved profitability.

Growth momentum continued throughout 2025, with consolidated revenue reaching nearly VND 7 trillion, up 16% year-on-year. Net profit after tax was VND 751 billion, reflecting a slight adjustment as the Company continued investing in production capacity expansion and product portfolio diversification.

In the first quarter of 2026, growth remained strong, with revenue reaching VND 1,786 billion and net profit after tax totaling VND 193.5 billion, representing year-on-year increases of more than 36% and 37%, respectively.

The Company's total assets increased from VND 5,318 billion at the end of 2024 to VND 5,345 billion by the end of the first quarter of 2026.

Notably, in 2025, AMY GRUPO distributed more than VND 1,132 billion to shareholders through cash and stock dividends, reaffirming its strong cash generation capability and its commitment to sharing business success with investors.

At the time of receiving IPO approval, AMY GRUPO's charter capital stood at nearly VND 1,445 billion. Upon completion of the issuance of 16.1 million additional shares, charter capital will increase to VND 1,606 billion, providing additional resources to support the Company's future investment plans.

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An Investment Opportunity in a Leading Building Materials Company with a Sustainable Growth Foundation

AMY GRUPO's products have been specified in numerous residential developments, commercial centers, hotels, and urban projects across Vietnam.

The Company has consistently been recognized among the Top 5 Most Reputable Building Materials Companies in Vietnam, the FAST500 – Vietnam's Fastest-Growing Enterprises, and has received numerous awards for product quality, design excellence, and workplace environment.

With a workforce of more than 2,000 employees, a corporate governance system that is progressively aligned with Environmental, Social, and Governance (ESG) standards, and a long-term commitment to sustainable development, AMY GRUPO is building a solid foundation for its next stage of growth following the IPO.

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The Company was also recognized among the Top 10 Vietnam Green ESG Enterprises 2026, reaffirming its commitment to sustainable development and responsible corporate governance.

As global demand continues to grow for high-quality, environmentally friendly building materials serving both domestic and export markets, AMY GRUPO possesses many of the strengths sought by investors, including large-scale manufacturing capacity, a diversified product ecosystem, a broad international market presence, consistent business growth, and a strong financial foundation developed over many years.

The IPO therefore represents not only an opportunity for AMY GRUPO to raise capital in support of its next phase of development, but also an opportunity for investors to participate in the growth journey of a leading industrial enterprise that is steadily strengthening its position in both the Vietnamese and international building materials markets.

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