Sunday, November 19 2017

VietNamNews

FPT reports H1 results

Update: July, 25/2017 - 17:30
FPT’s revenue in the first six months of this year increased 13 per cent year-on-year. — File Photo
Viet Nam News

HÀ NỘI — FPT Corporation recorded consolidated revenue of over VNĐ20.1 trillion (US$882 million) in the first six months of this year, up 13 per cent year-on-year.

The figure is equal to 102 per cent of the target for the period.

Profit-before-tax was about VNĐ1.42 trillion, increasing by 13 per cent year-on-year and equal to 102 per cent of the target. Profit-after-tax was VNĐ1.2 trillion, up 12 per cent year-on-year.

Profit-after-tax attributable to the parent company’s shareholders was VNĐ925 billion, up 13 per cent year-on-year. Earnings-per-share was VNĐ1.7 trillion in the six months, an increase of 12 per cent compared with the same period last year.

FPT’s earnings growth in the first half of the year continued to be driven by the two core business sectors -- technology and telecom -- which together accounted for 75 per cent of consolidated profit-before-tax of the group.

More specifically, profit-before-tax of the technology and telecom sectors increased by 27 per cent and 17 per cent year-on-year, respectively.

The distribution and retail sector achieved 103 per cent of revenue and 104 per cent of profit-before-tax targets for the period, of which the retail segment continued to perform outstandingly in the first six months, up 31 per cent in revenue and 44 per cent in profit-before-tax.

During the reported period, FPT’s overseas markets recorded revenue of more than VNĐ3 trillion, up 14 per cent, and profit-before-tax of VNĐ450 billion, up 19 per cent. — VNS

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