FPT Retail turns profitable after four consecutive quarterly losses
FPT Digital Retail JSC, known as FPT Retail, posted VND39 billion ($1.54 million) in consolidated net profit in the first quarter of 2024, marking a return to profitability after four consecutive quarters of losses.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail to build 'healthcare ecosystem'
FPT Digital Retail JSC, known as FPT Retail, intends to conduct a private placement, offering no more than 10% of its Long Chau pharmacy chain shares, in a bid to build a healthcare ecosystem.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail to open 400 Long Chau pharmacies, 100 vaccination centers in 2024
FPT Retail has targeted pre-tax profits of VND125 billion ($5 million) this year, overturning last year’s loss of VND294 billion.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail boldly bets on Long Chau pharmacy chain
FPT Digital Retail JSC, widely known as FPT Retail, is rapidly expanding its Long Chau pharmacy network to cement its position as the largest medicine retailer in Vietnam while other rivals are downsizing operations or slowing expansion.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam retail majors report dismal profit in Q1
FPT Retail and Mobile World Investment Corporation reported their after-tax profit in the first quarter this year fell 99% year-on-year, while Digiworld's profit dropped 61%.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail expects $10 mln profit in 2023
FPT Retail, owner of FPT Shop and Long Chau Pharmacy, is targeting revenue of VND34 trillion ($1.45 billion) and pre-tax profit of nearly VND240 billion ($10.2 million) in 2023, up 13% and down 51% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Four Vietnamese retail majors report sharp profit drops in Q4/2022
A decline in purchasing power has clearly affected business results in the fourth quarter of 2022 and the first months of this year for retail companies listed on the Vietnamese stock exchange.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail, Bayer Vietnam launch strategic partnership
Bayer Vietnam of German healthcare and nutrition corporation Bayer and FPT Retail’s Long Chau Pharmacy chain have embarked on a strategic partnership in advancing community healthcare in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Japan clothing chain Uniqlo nears 15 stores in Vietnam
Japanese retailer Fast Retailing’s clothing chain Uniqlo will open its 13th outlet in Vietnam this Friday, followed by another two.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Multi-sector corporation Masan steps up retail pharma game
Masan, one of Vietnam’s largest listed conglomerates by market capitalization, has made another move in the drug distribution business.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail records 5.5 times higher profit in Q1
FPT Retail, owner of FPT Shop and Long Chau Pharmacy, reported a profit after tax of VND169 billion ($7.36 million) in the first quarter of this year, 5.5 times higher year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
FPT Retail debt hits record high
FPT Retail’s profit rose nearly 20 times year-on-year in 2021, but its liabilities were 5.4 times more than equity, mainly short-term debt.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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