Major players in the retail market are reopening offline stores, casting hopes of a recovery in consumption after difficult months in the first half of this year which forced hundreds of stores to be shut down.
Dragon Capital''s aggressive stock acquisition of FPT Retail (FRT) over the past year is likely aimed at the Long Châu pharmacy chain, the main growth driver of FPT Retail.
FPT Retail Corporation has just released its consolidated financial report for the fourth quarter of 2023, with net revenue reaching VNĐ8.69 trillion, a 3 per cent increase compared to the same period in 2022.
With the launching of the MVNO, FPT Retail, an associate of FPT Corporation, has become the fifth mobile virtual network provider in Việt Nam along with Đông Dương Telecom, Mobicast, ASIM, and VNSky.
Due to falling demand, communication and technology (ICT) firms had to sacrifice profits to stimulate demand as well as promote other product segment to compensate for the losses.
FPT Digital Retail JSC (FPT Retail) recorded net revenue of more than VND8 trillion (US$343.35 million) in the first half of 2019, a year-on-year increase of 7.5 per cent.
FPT Digital Retail JSC (FPT Retail) hopes its pharmaceutical unit will contribute 30-40 per cent of the company’s total revenue in the next three to four years, chairwoman and general director Nguyen Bach Diep said yesterday.
FPT Corporation reported a consolidated revenue of VND43.8 trillion (US1.93 billion), a year-on-year increase of eight per cent, by the end of last year.