Long Chau Pharmacy sees revenues triple in H1
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Long Chau Pharmacy tripled its revenues year-on-year in the first half-year to VND4 trillion ($171.38 million) and opened hundreds of new stores.
It increased its contribution to FPT Retail’s revenues from 15 percent to nearly 30 percent in the period.
At the end of June, Long Chau had 678 pharmacies, 278 more than at the beginning of the year.
FPT Retail, a subsidiary of tech giant FPT, expects the pharmacy chain to make a profit of VND50-100 billion this year.
Another major contributor to FPT Retail’s revenues is electronics retailer FPTShop, which saw revenues rise by 31 percent to VND10 trillion.
Questions & Answers
Q.What is the total revenue achieved by Long Chau Pharmacy in the first half of the year?
What is the total revenue achieved by Long Chau Pharmacy in the first half of the year?
Long Chau Pharmacy achieved revenues of VND4 trillion ($171.38 million) in the first half of the year. This figure represents a tripling of its revenues compared to the same period last year.
Q.How many new pharmacies did Long Chau open during the first half of this year?
How many new pharmacies did Long Chau open during the first half of this year?
Long Chau Pharmacy opened 278 new stores in the first half of this year. This expansion brought its total number of pharmacies to 678 by the end of June.
Q.What proportion of FPT Retail’s total revenue does Long Chau Pharmacy now contribute?
What proportion of FPT Retail’s total revenue does Long Chau Pharmacy now contribute?
Long Chau Pharmacy's contribution to FPT Retail’s revenues nearly doubled, rising from 15 percent to almost 30 percent during the first half of the year. This highlights its growing importance to the parent company.
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