Published Date: 29/04/2025
- Long Chau continues to be a bright spot for FRT, with its leading position in the pharmaceutical retail market. The pharmacy chain continues to expand in
scale and optimize cost efficiency in the FY25-FY26 - We estimate net profit (NP) in 2025-26 to increase by 111%/36% yoy, reaching 670/939 VNDbn, with the main driver comes from Long Chau.
- We recommend ADD with a target price of 202,400 VND/share.