FPT Retail hold General Meeting of Shareholders 2014
In the afternoon of April 17, FPT Retail held General Meeting of Shareholders2014 in both Hanoi and HCMC through TelePresence system with the participation of 13 shareholders, representing 98.1% of shares.
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19/04/2014
The most significant content was the shares issuance plan, preferred shares for employees and common shares in 2014. Accordingly, the company will issue 6,509,071 shares, including 4,250,000 common shares and 2,259,071 preferred shares for employees and short-listed talented employees.
In 2013, FPT Retail hit 143 % revenue target and 127% profit target. Total assets were increased by 136% while the equity was increased by 22% in comparison with the previous year. The company has had 2,360 staffs by the end of 2013, going up by 89%.
Mobile phone continued to play a key role when contributing 47.4% to revenue and 44.8% to gross profit. Computer came in second with 20.2% to gross profit and 22.9% to revenue. Apple accounted for 22.6% of revenue and 17.3% of gross profit. Accessory made up 4.9% of revenue and 13.6% of gross profit. Service and old items accounted for 0.9% and 1.3% of revenue, 2.6% and 1.5 % of gross profit respectively.
HCMC was considered the most active retail market with 21 stores, accounting for 22% of revenue and 22% of profit. In the South region, there were 24 shops, contributing 18 % to revenue and 20% to profit. In Hanoi, 14 stores reached 19% of revenue and 17.5% of profit. In the North region, 26 stores made up 24% of revenue and 24% profit.
In 2014, FPT Retail is determined to become the second-biggest retailer of mobile technology devices in Vietnam as well as possess 150 shops and reach all 63 provinces.
In the period 2014-2016, the strategy of the company would be focused on three key issues including expanding operational area with 240 shops in Vietnam and 10 shops in foreign countries; online sales making up 10% of total revenue, ranking third in trading technology goods on website in Vietnam; enhancing development of in-depth services, increasing loyal customers by 40% and satisfied customers by 90%.
General Meeting of Shareholders 2014 of FPT Retail ratified reports of Board of Directors, Supervisory Board; Audited Financial Statements and business results in 2013; the shares issuance plan, including preferred shares for employees and common shares; revised Charter.
