HCMC — FPT Digital Retail JSC (HOSE: FRT), or FPT Retail, reported a 26% rise in first-half revenue to VND23.06 trillion, driven largely by growth in its drugstore chain, Long Chau.
Its pre-tax profit in the January–June period soared 199% year-on-year to VND479 billion, according to its latest earnings report.
Long Chau accounted for 70% of total revenue, generating VND16.08 trillion, up 40% from a year earlier. The chain opened 300 new pharmacies and vaccination centers in the first half, taking the total to 2,191 drugstores and 178 vaccination sites.
FPT Shop, the company’s electronics retail segment, posted a 3% revenue increase to VND7.12 trillion. Growth was supported by new product categories, including home appliances and services.
The chain operated 625 stores nationwide, with average monthly revenue rising 17% to VND1.9 billion per store.
FPT Retail said it had completed 48% of its full-year revenue target and 53% of its pre-tax profit goal.
Closing the trading session today, July 30, FRT edged up 1.18% to VND154,700, with 843,900 shares changing hands.
The benchmark VN-Index rose 14.22 points, or 0.95%, to close at 1,507.63, supported largely by gains in bank and securities stocks. However, market liquidity declined significantly compared to the previous session.
The market recorded 223 advancers and 111 decliners. Total trading volume dropped 40.5% to 1.66 billion shares, while trading value fell nearly 41.5% to VND41.65 trillion. Of this, block deals accounted for 93.6 million shares worth VND2.72 trillion.
Bank stocks were the primary drivers of the rally, contributing approximately 10 points to the VN-Index. SHB and VPB closed at their ceiling prices of VND16,100 and VND25,250, respectively. CTG gained 5.48% to VND46,200. Other notable gainers increased between 2% and 4%.
Four bank stocks declined, led by SSB, which dropped 3.27% to VND19,250. SHB was the most actively traded stock on the market, with over 142 million shares changing hands, followed closely by VPB with nearly 71 million shares traded.
In the securities sector, VIX hit its ceiling price at VND25,600 with a trading volume of nearly 73 million shares, second only to SHB. VND rose 5.94% to VND22,300, while BSI, FTS, and VDS posted slight declines.
Real estate stocks had a mixed performance. LDG and AGG closed at their ceiling prices, joining SJS and SCR, which had earlier hit their limits in the morning session. Several others gained over 4%, while VCG rose more than 3%.
Conversely, the Vingroup-related stocks exerted downward pressure on the market. VIC lost 3.27% to VND109,500, VHM slipped 0.65% to VND91,500, and VPL edged down 0.81% to VND85,300. VRE, however, reversed earlier losses to end slightly higher.
On the Hanoi Stock Exchange, the HNX-Index gained 6.15 points, or 2.41%, to close at 261.51. There were 112 gainers and 50 losers on the northern bourse. Total trading volume dropped 42.5% to 183.4 million shares, with value down 43% to VND3.82 trillion.
