FPT Retail stock rises nearly 40% following expansion into medical testing

FPT Retail (HoSE: FRT) has seen its stock price rise by approximately 37% in just over two weeks, climbing from 107,700 VND to 148,000 VND between late July and mid-August. This surge is attributed to record-breaking Q2 profits and the expansion of its Long Chau pharmacy chain into medical testing services.

In the first half of 2026, FPT Retail reported consolidated revenue of 30,743 billion VND, a 33% increase year-on-year, and a pre-tax profit of 1,038 billion VND, reaching 67% of its annual target. The Long Chau pharmacy chain remains the primary growth driver, recording 21,448 billion VND in revenue during the same period.