FRT – FPT Retail (FRT) slightly undershot the FY2018 management target due to a slump in Apple product sales 4Q18 – NRNote
- Apple – sweet fruit turns sour.
- FRT continued to extend its mobile handset retail footprint.
- The pharmacy chain – Long Chau has not yet been consolidated into FRT.
- FRT is currently trading at a TTM P/E of 12.9x.
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Market Price
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Target Price
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Dividend Yield
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Rating
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Sector
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VND64,000
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N/A
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3.1%
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NOT RATED
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RETAIL
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