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FPT DIGITAL RETAIL JOINT STOCK COMPANY

Active

Business ID 0311609355

84-28 / 7302 3456

FPT DIGITAL RETAIL JOINT STOCK COMPANY

Active

Business ID 0311609355

84-28 / 7302 3456

FPT DIGITAL RETAIL JOINT STOCK COMPANY

Active

Summary

Name:

FPT DIGITAL RETAIL JOINT STOCK COMPANY

Business ID (TIN):

0311609355

Date of Registration:

08 Mar 2012

Registered Office:

Ho Chi Minh City Department of Finance

Ticker:

FRT

Address:

No. 261-263, Khanh Hoi Street, Ho Chi Minh City, Vietnam

Phone:

84-28 / 7302 3456

Financial Statement:

2020, 2021, 2022, 2023, 2024

FPT DIGITAL RETAIL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN BÁN LẺ KỸ THUẬT SỐ FPT) is one of Vietnam’s leading retailers in digital technology and telecommunications products. Established in 2012, the company operates under FPT CORPORATION, one of Vietnam’s most prominent technology conglomerates. Over the past 12 years, FPT DIGITAL RETAIL JOINT STOCK COMPANY has expanded its footprint nationwide, offering a wide range of computers, mobile phones, peripherals, and software, as well as pharmaceutical products.

In 2023, the company’s total assets surged by 24.47%, reaching USD 538.12 million, reflecting its strong expansion efforts. Sales revenue grew by 5.58%, reaching USD 1.31 billion, solidifying its position as a dominant player in Vietnam’s digital retail industry. However, despite revenue growth, FPT DIGITAL RETAIL JOINT STOCK COMPANY reported a net loss of USD 13.52 million, a 182.7% decline compared to 2022. The company’s equity also dropped by 16.11%, indicating financial pressures that require strategic adjustments.

Market Position and Business Expansion

FPT DIGITAL RETAIL JOINT STOCK COMPANY specializes in retailing digital telecommunication products, computers, and electronic devices through its vast network of retail stores and online platforms. Additionally, it has diversified into pharmaceutical retail, making it a key player in Vietnam’s healthcare distribution sector. The company’s ability to adapt to market trends and expand its product range has been instrumental in its success.

As a publicly traded company on the Ho Chi Minh Stock Exchange (HOSE) under the ticker FRT, FPT DIGITAL RETAIL JOINT STOCK COMPANY benefits from the financial backing of FPT CORPORATION, which holds a 46.54% stake. With over 18,788 employees, the company maintains a strong presence in Ho Chi Minh City, where its headquarters is located, and has multiple retail branches across Vietnam.

Challenges and Competitive Pressures

Despite its growth, FPT DIGITAL RETAIL JOINT STOCK COMPANY faces several challenges. The decline in profitability reflects increasing operational costs, competitive pressures, and shifts in consumer spending habits. The digital retail market in Vietnam is highly competitive, with strong players such as The Gioi Di Dong (Mobile World) and other e-commerce platforms posing significant challenges. Additionally, supply chain disruptions and fluctuating consumer demand continue to impact profit margins.

Insights from VANGUARD BUSINESS INFORMATION LLC (VBI)

According to VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence and financial analysis, FPT DIGITAL RETAIL JOINT STOCK COMPANY remains an important entity in Vietnam’s digital economy. Despite recent financial setbacks, its strong market position, expansion efforts, and strategic backing from FPT CORPORATION provide a foundation for long-term growth.

For investors and stakeholders, VBI’s comprehensive reports offer critical insights into FPT DIGITAL RETAIL JOINT STOCK COMPANY’s financial health, market strategies, and industry outlook. With Vietnam’s digital and telecommunications sector evolving rapidly, businesses must adapt to emerging trends, and FPT DIGITAL RETAIL JOINT STOCK COMPANY is at the forefront of these changes.

As the company navigates market challenges and financial pressures, its ability to innovate, optimize costs, and expand its digital and pharmaceutical retail services will determine its future success in Vietnam’s highly competitive retail sector.

Legal Profile

English Name:

FPT DIGITAL RETAIL JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN BÁN LẺ KỸ THUẬT SỐ FPT

Short Name:

FRT JSC

Business ID (TIN):

0311609355

Date of Registration:

08 Mar 2012

Registered Office:

Ho Chi Minh City Department of Finance

Ticker:

FRT

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN B.D

+ HOANG T.K

+ NGUYEN D.Q

+ NGUYEN V.A

+ TRAN T.N

+ PHAM D.H.N

Address:

No. 261-263, Khanh Hoi Street, Ho Chi Minh City, Vietnam

Phone:

84-28 / 7302 3456

Business Sector

Key business lines:

VSIC:

4741 Retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores

Industry Sales Growth

CAGR (2019 - 2023)

5.19%

YoY (2023)

-9.31%

Companies by industry

Company distribution and propportions

6,993

0.2405%

Key Industry Players

Top 10 companies in retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores industry

viettel commerce and import – export limited company (translated name) cao phong company limited phong vu trading - service corporation mediamart viet nam corporation the gioi di dong joint stock company fpt digital retail joint stock company vhc trading company limited di dong viet technology joint stock company htv trading general company limited dieu phuc technology services and trading company limited

Payment History

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Financial Performance

Assets	-9.65%
Owner’s Equity	47.70%
Working Capital	-4.29%
Net Worth	-16.56%
Sales	-62.92%
Operating income	52.27%
EBIT	-69.13%
Gross Profit Margin	9.97%
Debt to EBITDA	72.38%

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Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About FPT DIGITAL RETAIL JOINT STOCK COMPANY

When did FPT DIGITAL RETAIL JSC start operating?

FPT DIGITAL RETAIL JSC was started in 08 Mar 2012

What industry does FPT DIGITAL RETAIL JSC operate in?

FPT DIGITAL RETAIL JSC is operating in "Retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores" industry

How can I contact FPT DIGITAL RETAIL JSC?

FPT DIGITAL RETAIL JSC phone numbers is 84-28 / 7302 3456

What adverse news is there about FPT DIGITAL RETAIL JSC?

FPT DIGITAL RETAIL JSC’s has 2 bad news

What is stock symbol of FPT DIGITAL RETAIL JSC?

FPT DIGITAL RETAIL JSC’s stock symbol is FRT

Where is the location of FPT DIGITAL RETAIL JSC?

FPT DIGITAL RETAIL JSC is located at No. 261-263, Khanh Hoi Street, Ho Chi Minh City, Vietnam

What is FPT DIGITAL RETAIL JSC’s business registration?

FPT DIGITAL RETAIL JSC business registration is 0311609355

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FPT DIGITAL RETAIL JOINT STOCK COMPANY