Previously, as of May 5, the Dragon Capital group held 14.8 million shares, equivalent to 10.9% capital. Thus, within just 10 days, this foreign fund group sold a net of 1.5 million FRT shares, valued at an estimated VND 260 billion. The total net selling volume since the beginning of the year is about 5.8 million shares.
In the market, FRT shares have rebounded after hitting a bottom in April. The stock closed the May 20 session at VND 170,400/share, up about 37% after nearly two months. The market capitalization corresponds to more than VND 23,000 billion.
In terms of first-quarter business results, FPT Retail recorded net revenue of VND 11,670 billion and after-tax profit of VND 213 billion, up 29% and 3.5 times, respectively, over the same period last year. With these results, FPT Retail has achieved 24% of the full-year business plan.
In the first quarter of 2025, the FPT Long Chau chain contributed VND 8,054 billion, up 46% over the same period in 2024 and accounting for 69% of the Company’s total revenue. Currently, Long Chau has achieved an average revenue of VND 1.3 billion/pharmacy/month. In the quarter, the number of customers visiting the FPT Long Chau Vaccination Center increased significantly, especially for flu and pneumococcal vaccines.
The FPT Shop chain achieved VND 3,682 billion in revenue thanks to the strategy of optimizing operations and restructuring the portfolio to focus on products with potential. The groups of watches, smart wearable devices, tablets, and audio accessories all recorded positive growth, according to FRT. This reflects the effectiveness of FPT Shop’s strategy to diversify its product portfolio, expand the basket, and promote the sale of value-added products.
In 2025, FPT Retail set a business plan with consolidated revenue and pre-tax profit targets of VND 48,100 billion and VND 900 billion, up 20% and 71%, respectively, compared to 2024. If the plan is fulfilled, FPT Retail will break the revenue and profit records.
As of the end of the first quarter of 2025, FPT Retail owned a network of 2,794 stores nationwide. Meanwhile, FPT Long Chau continued to expand to 2,022 pharmacies, and the Long Chau Vaccination Center also grew to 144 centers.
The Growth Investment Guru’s Fund Becomes Major Stakeholder in PNJ.
PNJ, or Phu Nhuan Jewelry Joint Stock Company, has a new major shareholder in the form of T. Rowe Price Associates, Inc., a prominent American investment fund. This development comes on the heels of Dragon Capital’s exit from the list of major shareholders, marking a significant shift in the company’s investor landscape.
The Foreign Shareholder Becomes a Major Stakeholder in PNJ
“T. Rowe Price Associates, Inc., a prominent foreign shareholder, has successfully acquired nearly 1.24 million PNJ shares. This strategic move has increased their ownership stake to 5.18%, solidifying their position as a major shareholder in PNJ. With this substantial investment, T. Rowe Price Associates, Inc. is now a pivotal player in the company’s future trajectory.”
“Dragon Capital Divests from DGC: A Strategic Move by the Investment Firm”
Dragon Capital, a prominent foreign investment fund, has recently offloaded 250,000 DGC shares, reducing its stake in Duc Giang Chemicals to 6.96% from 7.028%.
The Power of Selling: Dominating the Investment Fund Game
“During the week of May 12-16, 2025, investment funds predominantly sold off as the market rebounded to pre-tariff announcement levels. “
The Ultimate Cash Solution: Over 620 FPT Shops Transform into “Vietcombank ATMs” from Today
FPT Retail has joined forces with Vietcombank to launch a payment agency model at 628 FPT Shop stores nationwide. This strategic collaboration marks FPT Retail’s entry into the competitive arena of offering financial services directly at retail outlets.
