FPT Retail (FRT) is about to pay dividends at a rate of 25%

FPT Retail approved a plan to pay 2024 dividends in shares at a rate of 25%, equivalent to shareholders owning 4 shares will receive 1 additional share and is expected to issue no later than the third quarter of 2025, after approval by the State Securities Commission.

With over 136.2 million shares in circulation, the company plans to issue over 34 million additional shares to pay dividends. Its charter capital will increase from VND1,362 billion to over VND1,700 billion.

The company paid dividends amid positive 2024 results. Net revenue exceeded VND40,000 billion for the first time, up 26%. Pre-tax profit significantly changed from negative to profitable VND527 billion, more than 4 times higher than planned.

By 2025, FPT Retail sets a business plan with a consolidated revenue target of VND 48,100 billion and pre-tax profit of VND 900 billion, up 20% and 71% respectively compared to last year.

At the end of the first quarter of 2025, the company recorded consolidated revenue of VND 11,670 billion, up 29% over the same period, completing 24% of the plan. Pre-tax profit reached VND 273 billion, up 207% over the same period and completing 30% of the yearly plan. FPT Long Chau contributed VND 8,054 billion, up 46% over the first quarter of 2024 and accounting for 69% of the company's total revenue. FPT Shop chain maintained positive results with VND 3,682 billion.

Of which, FPT Long Chau continued to expand to 2,022 pharmacies (an increase of 435 points of sale compared to the first quarter of 2024), with average revenue reaching 1.3 billion VND/pharmacy/month. The Long Chau vaccination system also expanded to 144 (an increase of 93 centers compared to the same period).

On the contrary, the FPT Shop chain has been streamlined to 628 stores, 115 points of sale lower than in the first quarter of 2024.

Source: https://baovanhoa.vn/kinh-te/fpt-retail-frt-sap-tra-co-tuc-voi-ti-le-25-141616.html