Dragon Capital reduces its ownership in FPT Retail to below 10%

On May 15, Dragon Capital sold 310,900 shares of FPT Retail, reducing its ownership to 9.8%. In just 10 days, the fund sold a net of 1.5 million shares, worth approximately 260 billion VND. Year-to-date, the total share sales are 5.8 million. The FRT stock has increased by 37% since last month, reaching a price of 170,400 VND/share, with a market capitalization exceeding 23 trillion VND. In Q1 2025, FPT Retail reported revenue of 11.67 trillion VND and profit of 213 billion VND, achieving 24% of its annual target. FPT Long Châu contributed 8.054 trillion VND, accounting for 69% of total revenue, with a significant increase in vaccine administration customers. FPT Shop earned 3.682 trillion VND due to operational improvements. In 2025, FPT Retail aims for consolidated revenue of 48.1 trillion VND and pre-tax profit of 900 billion VND, increases of 20% and 71% compared to 2024. FPT Retail currently operates 2,794 outlets, including 2,022 Long Châu pharmacies.