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Công ty CP Bán Lẻ Kỹ Thuật Số FPT / Company infomation  / In the first 6 months, profits of FPT Retail (FRT) increases by 189% to VND 76 billion
9 Aug

In the first 6 months, profits of FPT Retail (FRT) increases by 189% to VND 76 billion

FPT Digital Retail Joint Stock Company (FPT Retail, stock code FRT – HOSE) has just announced its estimated business results for the first 6 months of 2021.

Accordingly, in the first 6 months of 2021, FPT Retail records its estimated revenue of VND 9,024 billion and profit before tax of VND 76 billion, up 24% and 189% respectively over the same period in 2020.

In which, revenue of Long Chau chain reaches VND 1,336 billion, which is nearly 3 times higher than that of the same period in 2020 and accounts for 15% of the total revenue; FPT Shop chain records the revenue of VND 7,688 billion, up 13% compared to the same period, accounting for 85% of the total revenue.

Revenue structure by chains of FPT Retail in the first 6 months of 2021 (Unit: Billion VND)

For the online segment, in the first 6 months of 2021, FPT Retail achieves a revenue of VND 2,829 billion, up 10% over the same period last year, accounting for 31% of FRT’s total revenue.

Regarding the laptop retail, in the first 6 months of the year, its revenue is at VND 1,329 billion, up 31% compared to the same period. The Company reveals that with the advantage of being the number 1 retailer in the market, together with the high demand for laptops during the epidemic time, such elements have supported the positive growth results in the first 6 months of the year.

In 2021, FPT Retail has set a target with the revenue of VND 16,400 billion, profit before tax of VND 120 billion. As a result, after the first 6 months of 2021, FPT Retail has completed 55% and 63% of the revenue and profit plan of the year, respectively.

By the end of June 30, 2021, FPT Shop chain reaches 625 stores, with 30 newly-opened stores compared to the beginning of 2021. Long Chau chain has opened 68 new stores, which brings the number of Long Chau stores to 268.

Closing the trading session on July 26, 2021, FRT shares hit the ceiling price of VND 2,350 to VND 36,150 per share.

According to Vu Duy Bac, Dau tu Chung Khoan

Published July 26th, 2021