The Dragon Capital group has sold a net total of 1.79 million shares of FPT Retail (FRT) on July 21, reducing its ownership from 6.57% to 5.26%. Since the beginning of the year, the group has sold over 12 million FRT shares. Currently, FRT shares are trading near historical peaks at 156,600 VND/share, up 58% since April, with a market capitalization of about 27 trillion VND.
On July 17, FPT Retail announced it would issue over 34 million new shares to pay dividends in shares for 2024 at a rate of 25%. The company aims for 2025 consolidated revenue of 48.1 trillion VND and pre-tax profit of 900 billion VND, representing increases of 20% and 71% compared to 2024. In Q1 2025, FPT Retail reported revenue of 11.67 trillion VND and post-tax profit of 213 billion VND, up 29% and 3.5 times year-on-year, achieving 24% of the annual target. FPT Retail currently operates 2,794 stores, including 2,022 Long Chau pharmacies.
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