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Công ty CP Bán Lẻ Kỹ Thuật Số FPT / Company infomation  / FPT Pharma has been established with charter capital of VND100 billion
31 Oct

FPT Pharma has been established with charter capital of VND100 billion

The subsidiary company is FPT Long Chau Pharmaceuticals joint stock company ( abbreviation is FPT Pharma) with the charter capital of VND 100 billion that FPT Retail contribute 75%, equivalent to VND 75 billion.

In 2017, FPT Retail marked their steps entering pharmaceutical field by purchasing Long Chau drugstore chain

FPT Digital Retail Joint Stock Company (FPT Retail) stock code: FRT has just approved the capital contribution to set up the subsidiary company which operating in pharmaceutical field.

The subsidiary company is FPT Long Chau Pharmaceuticals joint stock company ( abbreviation is FPT Pharma) with the charter capital of VND 100 billion that FPT Retail contribute 75%, equivalent to VND 75 billion.

FPT Pharma is an enterprise which specializes in retailing pharmaceuticals, medical devices, cosmetics and toiletries in specialized stores.

FPT Retail decided to entrust Mrs. Nguyen Bach Diep to The chairman of company, representative for all capital of FPT Retail at FPT Pharma. Mrs. Nguyen Bach Diep will also be the legal representative of FPT Long Chau Pharmaceutical.

In 2017, FPT Retail entered the pharmaceutical sector with the acquisition of Long Chau drugstore chain. FTP Retail is expected to launch a new drug store equivalent to the telephone retail chain, with an average of 100 stores per year and set a target of 2021 to own 400 Long Chau stores.

In the future, FPT Retail expects Long Chau pharmacy chain to account for 30% of the market share, with revenue estimated at VND 10,000 billion and contributing 40% of FRT’s revenue.

Immediately, according to the plan, in 2021 the pharmaceutical revenue will contribute 30-40% of total turnover of the company.

After the first 6 months of 2018, FPT Retail’s net turnover reached VND 7480 billion, up to 18%. The profit after tax was VND 146.5 billion, increasing 30% over the previous year.

In particular, the growth of online channel is faster than overall growth. Specifically, the first 6 months of 2018 compared to the first 6 months 2017 is 21.31%.

FPT Retail has officially established in 2012, is the second largest retailer in Vietnam in the digital and technology industries with a network of 516 stores across 63 provinces (by the end of June 2018) after 6 year operating. There are 473 stores by the end of 2017, in the first 6 months of this year, FPT Retail has opened 43 new stores.

In 2018, FPT Retail set up their growth plan with the turnover up to VND 16.020 billion, increasing 22% and the profit after tax is VND 377 billion, increasing 30% comparing to the same period last year.

According to The Hai – Bao Dau Tu