Report

FRT – Steadfast in shaping a healthcare ecosystem with certain advantages

• Vietnam’s retail pharmaceutical market still offers ample growth opportunities, and Long Chau will remain the core growth driver for FRT in the years ahead with the number of new pharmacies slightly is exceeding the company’s target and revenue per store up 5% YoY.
• By stepping up spending to enlarge market share, particularly through Long Chau’s “freeship” delivery policy, the group has lifted brand awareness, broadened its customer base, and accelerated system-wide sales momentum.
• FPT Long Chau is now channeling resources into expanding vaccination-service coverage. The current strategy is not an outright land-grab for market share; instead, it emphasizes operational perfection, process standardization, and the disciplined development a platform capable of supporting durable and long-term growth.
• We see strong long-term potential in the Long Chau vaccination center chain, underpinned by its technological advantages, easy accessibility, and competitive pricing.
Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Anh Tran

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