DNVN - At the end of the first 9 months of 2024, FPT Retail recorded consolidated revenue of VND 28,657 billion, up 24% over the same period, completing 77% of the plan. FRT's pre-tax profit in the first 9 months reached VND 358 billion.
On October 30, FPT Digital Retail Joint Stock Company (HoSE: FRT) announced its business results for the first 9 months of 2024. At the end of the 9 months, FPT Retail recorded consolidated revenue of VND 28,657 billion, up 24% over the same period, completing 77% of the plan. Of which, the company's total online revenue reached VND 5,041 billion, up 19% over the same period. FRT's pre-tax profit in the 9 months reached VND 358 billion.
FPT Long Chau chain recorded revenue growth of 62% compared to the first 9 months of 2023, reaching 18,006 billion VND, accounting for 62% of FRT's total revenue and completing 85% of the 2024 plan. At the same time, operating efficiency was maintained with average revenue per pharmacy of about 1.2 billion/month, equivalent to previous quarters of the year.
In the first 9 months of 2024, FPT Shop's revenue reached VND 10,904 billion, accounting for 38% of the company's total revenue. With the determination to restructure the store system, product portfolio and optimize operations, FPT Shop's business results have gradually improved every quarter.
Notably, in the third quarter of 2024, FPT Shop had pre-tax profit and average revenue per store reached 2.1 billion VND/month - the highest level since the beginning of the year. This has contributed to FRT's third quarter profit growth very well compared to previous quarters. FPT Shop continues to promote the sale of new products and services to diversify its product portfolio and improve gross profit such as household appliances, electronics, developing FPT network subscribers, etc.
In addition, in the third quarter, FPT Shop tested converting 10 regular FPT Shop stores to the FPT Shop Dien May model with differences in diverse household and electrical products, installation and delivery services. The company is expected to open 50 more FPT Shop Dien May stores in the fourth quarter of this year.
Regarding the store network, by the end of the first 9 months of 2024, FPT Retail owned a network of 2,601 stores nationwide. Of which, FPT Long Chau continued to expand with 1,849 pharmacies, an increase of 352 pharmacies compared to the beginning of 2024. In the third quarter alone, FPT Long Chau opened 143 new pharmacies, the largest number of new openings in the first 9 months of 2024. Notably, the overall operating efficiency of the pharmacy chain was maintained with revenue/pharmacy of about 1.2 billion/month, equivalent to previous quarters of the year.
FPT Long Chau vaccination center system continues to expand, reaching 115 vaccine centers covering 46 provinces and cities, helping customers easily access prestigious and quality medical services, contributing to FPT Long Chau gradually perfecting the comprehensive healthcare ecosystem.
FPT Shop and F.Studio by FPT have successfully launched iPhone 16 series.
Lam Anh
Source: https://doanhnghiepvn.vn/kinh-te/9-thang-fpt-retail-bao-lai-truoc-thue-358-ty-dong/20241030090629310
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