Dragon Capital Group Continues to Sell FRT Shares, No Longer Major Shareholder at FPT Retail

Dragon Capital group has sold nearly 2.4 million shares of FPT Retail (FRT) on July 21-22, reducing their ownership to 4.8% and ceasing to be a major shareholder. Previously, they held 14% of the shares. Since the beginning of the year, Dragon Capital has sold over 13 million shares of FRT. Currently, FRT shares are near their historical peak at 156,600 VND/share, an increase of 58% since April, with a market capitalization of nearly 27 trillion VND.
On July 17, FPT Retail closed the shareholder list to distribute a 25% stock dividend, planning to issue 34 million new shares, raising its charter capital to over 1.7 trillion VND. For 2025, FPT Retail aims for consolidated revenue of 48.1 trillion VND and pre-tax profit of 900 billion VND, marking increases of 20% and 71% from 2024. In Q1 2025, FPT Retail reported revenue of 11.67 trillion VND and net profit of 213 billion VND, up 29% and 3.5 times compared to last year, achieving 24% of the annual target. The company has 2,794 stores nationwide, including 2,022 FPT Long Châu pharmacies.

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