FPT records revenue more than $200 million in Q1

FPT recorded a revenue of US$209.2 million in the first quarter of this year. — File Photo

HÀ NỘI — FPT recorded a revenue of VNĐ4.75 trillion (US$209.2 million) in the first quarter of this year while profit before tax was VNĐ781 billion.

Profit after tax was VNĐ653 billion, up 21 per cent year-on-year. Profit after tax attributable to the parent company’s shareholders was up 23 per cent to VNĐ509 billion and earnings per share was VNĐ959, up 23 per cent.

In addition, profit before the tax margin was 16.4 per cent, up 2.5 times year-on-year.

The technology sector recorded revenue and profit before tax of VNĐ2.5 trillion and VNĐ250 billion, up 27 per cent and 37 per cent respectively.

The telecom sector saw an increase of 15 per cent in its revenue, to VNĐ2 trillion, while profit before tax was VNĐ339 billion, a year-on-year increase of 15 per cent.

Ending the first quarter, FPT’s overseas markets recorded a healthy growth with revenue increasing by 29 per cent to VNĐ1.8 trillion, and profit before tax up 36 per cent to VNĐ 272billion. — VNS

Tags FPT Vietnam News Vietnam economy biz news Q1 revenue

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