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Revenue increased by 100%, Pharmacity breakthrough in 2021

(Dan Tri) – Pharmacity retail pharmacy chain has just announced outstanding business results in 2021 including: revenue, system expansion speed, number of orders sold and number of customers. outstanding increase.

Despite a year of 2021 with many challenges, by the end of 2021, Pharmacity has expanded its system by more than 50% with about 800 pharmacies nationwide, recording 27 million transactions, the number of member customers exceeds 7 million mark. Revenue of 3,567 billion dong, double that of 2020. The retail chain also recorded a profit from July 2021 according to the unit’s EBITDA index (profit before tax).

Mr. Chris Blank, founder and CEO of Pharmacity shared: “I think the success in the past year has come from product quality, diversified products with more than 7,800 items sold at competitive prices. Pharmacity always ensures to maintain a stable supply of rapid test products, masks and Covid-19 treatment drugs including antiviral drugs containing the active ingredient Molnupiravir. necessary at this time”.

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Pharmacity provides a wide range of products such as Covid-19 quick test, vitamins, Covid-19 treatment drugs.

Out of 7,800 items (including 300 branded and proprietary Pharmacity products), vitamins and dietary supplements are the fastest growing product categories in Pharmacity’s main product categories (pharmaceuticals). ; personal care; vitamins, minerals and dietary supplements; beauty care; health care; convenience products; mother and baby, and medical equipment).

Pharmacity aims to reach 5,000 pharmacies nationwide by 2025 with the goal that 50% of Vietnamese people can access a pharmacy within 10 minutes of walking. Pharmacity is also strengthening its digital infrastructure in preparation for the rapid expansion and rollout of its online business in 2025. The plan is expected to help Pharmacity reach over $3 billion in revenue and will create jobs for more than 35,000 people.

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Pharmacity opened its 1,000th pharmacy in Ho Chi Minh City on March 21 – a milestone marking its efforts to achieve the target of 5,000 pharmacies nationwide by 2025.

Mr. Chris Blank added: “In 2021, we are fortunate to have the companions of 2,000 new talented employees, an increase of 60% compared to 2020. Pharmacity pharmacists have become the mainstay in the care ecosystem. Healthcare in Vietnam and we look forward to continuing to expand our services to provide our customers with the best and most convenient services as well as leading the market in terms of compensation and career opportunities for pharmacists. “.

Established in 2011, Pharmacity is one of the leading brands in the pharmaceutical retail industry in Vietnam. Pharmacity owns a network of 1,000 GPP-qualified pharmacies nationwide and a team of nearly 4,900 highly specialized pharmacists, providing drug and healthcare products at competitive prices.

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