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Thursday, April 30, 2026

FRT’s Q1 profit jumps 73%

The Saigon Times

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HCMC – FPT Digital Retail Joint Stock Company (HOSE: FRT) reported pre-tax profit of VND472 billion in the first quarter of this year, up 73% year-on-year.

The company posted consolidated revenue of VND15.1 trillion in January–March, rising 30% from a year earlier and completing 25% of its full-year plan. Its pre-tax profit reached 30% of its 2026 target, according to the firm.

The Long Chau drugstore chain generated VND10.34 trillion in revenue, up 28% year-on-year and equivalent to 25% of its annual plan. Its average monthly revenue per store was VND1.3 billion, slightly higher than in 2025.

Revenue from the FPT Shop chain soared 31% year-on-year to VND4.82 trillion, completing 26% of its annual plan. Average monthly revenue per store picked up 30% to VND2.6 billion, supported by the Lunar New Year holiday demand and new ICT product launches.

Closing the trading session today, April 29, FRT edged up 1.02% to VND149,000, with a trading volume of 325,200 shares.

The VN-Index fell 21.74 points to close at 1,854.1, as heavy selling in large-cap stocks drove the market lower.

Losing stocks dominated the market, with selling pressure concentrated in blue chips. Real estate stocks posted the steepest decline, down 3.41%, led by losses of VIC, VHM and BCM.

Liquidity edged up from the previous session. Total trading volume on the three exchanges exceeded 805 million shares, with a combined value of more than VND22.39 trillion.

Foreign investors remained net sellers, with the largest net sales recorded in VIC at VND401.58 billion, followed by PC1, VHM, VCB and FPT.

In contrast, net buying focused on VRE, PVS, DCM, GEX and DIG. Gains in several stocks, including LPB, GAS, VRE, GVR and FPT, added a combined 5.34 points to the index. However, declines in VIC, VHM, TCB, VPB, MWG, SAB and MSN pulled the index down by 26.58 points.

Energy stocks gained 1.08%, with advances in BSR, PLX, PVS and PVD. Material stocks increased 0.81%, led by GVR, DCM, DGC and DPM.

Banking stocks edged down 0.2%, with losses in BID, TCB, VPB and STB outweighing gains in CTG, MBB and LPB.

Securities stocks slipped 0.17%, while retail stocks declined 1.02%, with MWG among the main laggards.

On the Hanoi Stock Exchange, the HNX-Index rose 1.22 points, or 0.49%, to 250.66 points, with trading volume reaching nearly 63 million shares valued at more than VND1.14 trillion.

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