FRT - Pharmacy’s profitability improves, but ICT loss drags Q2 earnings - Earnings Flash

• 31 Jul 2023
• Company Research

- H1 2023: Net sales were VND14.9tn (USD632mn; +7% YoY), completing 48% of our full-year forecast and in line with our expectation. Meanwhile, FRT’s H1 2023 net loss was VND224bn (USD9mn; vs H1 2022 NPAT-MI of VND211bn) — greater than our forecasted full-