In the first quarter, FPT Shop earns VND 2 billion each hour
At the end of the first quarter, FPT Shop got VND 2,448 billion in revenue, an increase of 35% over the same period in 2015, exceeding the target by 7%.
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19/04/2016
At the end of the first quarter, FPT Shop got VND 2,448 billion in revenue, an increase of 35% over the same period in 2015, exceeding the target by 7%.
Thus, FPT Shop earned VND 27 billion per day. With the system of stores open 14 hours a day, FPT Shop got almost VND 2 billion per hour in the first quarter of this year.
FPT Shop set VND 42 billion profit before tax record, an impressive growth of 47% compared to the first quarter of 2015, exceeding the target by 5%.
Also in the first quarter of 2016, FPT Shop opened 48 new stores. The new shop opening speed was 2 shops per day. Thus by the end of March 2016, FPT Shop hit the milestone of 300 stores, completing the shop opening plan in 2016 after only three months.
After 4 years of operation, FPT Shop has reached No. 2 on Vietnam’s retail market of mobile devices, with a 97% increase in annual revenue and 71% increase in the number of shops.
In 2015, FPT Shop achieved the fastest growing member company of FPT Corporation: 50% increase in revenue, a 335% increase in profit before tax compared with 2014.