logo
This is Photoshop's version of Lorem Ipsn gravida nibh vel velit auctor aliquet.Aenean sollicitudin, lorem quis bibendum auci elit consequat ipsutis.
Be Awesome Today!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Working Hours
Monday - Friday 09:00AM - 17:00PM
Saturday - Sunday CLOSED
Top

News

24 Jun

2020 is the year when FPT Retail is at the bottom of business, the Company is ready for new products

2020 is the year when FPT Retail is at the bottom of business On 28 May afternoon, FPT Digital Retail Joint Stock Company (FPT Retail, HoSE: FRT) held the General Meeting of Shareholders of 2020. In 2020, the Company sets the target of VND 15,320 billion of revenue, down by 8%, and VND 220 billion of profit before tax, decreased by 21%. In 2019, FPT Retail’s revenue was increased by more than 5% to nearly VND 17,000 billion, and profit before tax, decreased sharply by 36% to VND 278 billion. According to the Chairman of the Board of Management Ms. Nguyen Bach Diep,...

24 Jun

FPT Retail’s General Meeting of Shareholders: Ready for new products

On 28 May afternoon, FPT Digital Retail Joint Stock Company (FPT Retail, stock code: FRT) held the General Meeting of Shareholders of 2020 In 2019, FPT Retail’s revenue was increased by more than 5% to nearly VND 17,000 billion, and profit before tax, decreased sharply by 36% to VND 278 billion. In 2020, the Company sets the target of VND 15,320 billion of revenue, which is down by 8%, and VND 220 billion of profit before tax. Such result in 2019 was because at the end of last year, the Company made provision for bad debts for 2 programs, F.Friend and Subsidy...

24 Jun

FRT’s General Meeting of Shareholders: ICT revenue will be decreased by more than 14%, while that of Long Chau pharmacy chain is expected to be increased by threefold to VND 1,500 billion

According to FRT, the Company has been affected by Covid-19 since March and in April, 170 stores closed, equivalent to one-third of FPT Shop’s total national scale, which has caused an impact on the whole business activities. After the social distancing was released in May, the stores were opened, however, the consumers’ demand is affected, their income was reduced, thus, the purchasing power and demand for non-necessities decreased. According to the preliminary forecast, the revenue of the second quarter may be down by 15 to 20% compared to that of the first quarter of 2020. On 28 May afternoon, FPT Digital...

24 Jun

FRT’s General Meeting of Shareholders: Encroaching on “self-made products”, Long Chau chain plans to reach the revenue of VND 1,500 billion

At the General Meeting of Shareholder of FPT Digital Retail Joint Stock Company (stock code: FRT), which was in this afternoon, Ms. Nguyen Bach Diep, Chairman of FRT's Board of Management, said that Long Chau chain aims to increase its revenue by triple to VND 1,500 billion, which is by expanding the number of stores to 220 in 2020. And Long Chau is also promoting the development of "self-made" products of functional foods, medical equipment, pharmaceuticals and cosmetics. In the second quarter of 2020, FRT’s revenue may be decreased by 10 to 15% due to Covid pandemic. Sharing at the General...

24 Jun

FPT Retail: Opening new 220 Long Chau pharmacies, the turnover of pharmaceutical segment is anticipated to soon reach VND 5,000 billion

FPT Retail expects to expand Long Chau pharmacy chain to 220 stores in 2020, the pharmaceutical segment is anticipated to contribute approximately VND 5,000 billion, accounting for 40% of the total turnover in the next 3 to 4 years. The pharmaceutical segment will contribute about 40% to FRT’s total turnover at an expected amount of VND 5,000 billion in the next 3 to 4 years.   On 28 May afternoon, at FPT Tan Thuan Towel (District 7, HCMC), FPT Digital Retail Joint Stock Company (FRT) has held the Annual Meeting of Shareholders of 2020. The Meeting has approved on fundamental targets and be...

22 Jun

FRT is confident that Long Chau pharmacy chain will break out from 2021 and account for 30% of the market share in the next 2 to 3 years

Recently, due to the Covid-19 epidemic and the directive of social distancing, the locations for Long Chau’s new pharmacies were not licensed, so the opening is slowed down. Although the situation has become stable now, Ms. Diep said, under the current context, it is expected that Long Chau will reach the break-even in 2022 (the initial plan is to incur profits in 2021). As one of the enterprises behind ICT retail trend, FPT Retail (FRT) had a strong battle phase and ranked second in the market. This is noteworthy, however, after the game of FPT Shop ended, it was also the...

22 Jun

FPT Retail aims to reach VND 220 billion of profit in 2020 and plans to expand Long Chau Chain to 220 stores

FPT Retail still expects to account for 30% of the market share of pharmaceutical retail channel through pharmacies in the next 3 to 4 years, in the future, the pharmacy segment will contribute about 40% of the Company’s total revenue at approximately VND 5,000 billion. On 28 May, FPT Digital Retail Joint Stock Company (FPT Retail) has organized the annual General Meeting of Shareholders of 2020. According to the report, in 2019, the Company achieved VND 16,634 billion in revenue, up 9% compared to that in 2018. Remarkably, the online sales reached VND 3,899 billion, up 60% compared to that in 2018...

3 Jun

Long Chau pharmacy chain has reached 100 stores

This May, Long Chau pharmacy chain, under FPT Retail, has officially reached the milestone of 100 pharmacies over 30 provinces and cities. Long Chau pharmacy chain has reached 100 stores over 30 provinces and cities. After two years being taken over by FPT Retail, Long Chau system has officially reached 100 stores, serving millions of customers in more than 30 provinces and cities across the country. The 100th store has been put into operation, which marks an important milestone in the development of Long Chau system. It is known that Long Chau chain currently sells prescription and over-the-counter medicines, functional foods, cosmetic pharmaceuticals...

3 Jun

Long Chau pharmacy chain has reached 100 stores

FPT Digital Retail Joint Stock Company (FRT) announced that Long Chau pharmacy chain has officially reached 100 stores across 30 provinces and cities nationwide in this May. "The 100th pharmacy has been put in operation, which marks an important milestone in the development of Long Chau system," emphasized by FRT in the latest press release. The pace of opening new stores in the past month is quite rapid compared to the number of 83 stores in 19 provinces and cities by the end of the first quarter of 2020. Besides offline sales, Long Chau system also promotes online sales with home...

3 Jun

Long Chau pharmacy chain gained VND 239 billion of turnover in the first quarter of 2020 and reached 100 stores

In a short time, Long Chau may face the risk when changing from selling non-quota products to official products, will add 10% of VAT to the cost of goods sold, the analysts raised their concerns.   After more than 2 years being taken over by FPT Retail (FRT), Long Chau chain has reached the milestone of 100 pharmacies in over 30 provinces and cities nationwide. The Company has also decided on 40 locations to open new stores in the second quarter of 2020. It is expected that Long Chau will reach 200 stores by the end of 2020. It is known that Long...