FPT Retail turns profitable after four consecutive quarterly losses

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 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 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 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 stocks bounce back with business boost

Vietnam retail stocks bounce back with business boost

Several retail stocks have gained strongly since November 2023 as commercial and service activities pick up to prepare for the holiday season.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam retail stocks' outlook gradually brightening

Vietnam retail stocks' outlook gradually brightening

A shopping spree during the run-up to major holidays at the year-end, especially the New Year, will bolster Vietnamese retail businesses, said analysts.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

FPT Retail expects $10 mln profit in 2023

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