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VietNamNews

FPT’s profits up by 21%

Update: June, 19/2018 - 14:55
FPT’s profits in the first five months of 2018 up by 21 per cent. — Photo genk.vn
Viet Nam News

HÀ NỘI — Information technology group FPT Corporation (FPT) recorded a post-tax profit of VNĐ1.18 trillion (US$51.7 million) in the first five months of this year, up by 21 per cent year-on-year.

During the reviewed period, the corporation earned VNĐ8.3 trillion in revenue, down by 49 per cent against 2017. It earned a pre-tax profit of VNĐ1.4 trillion, up by 21 per cent year-on-year.

The parent company recorded VNĐ936 billion in the first five months, up by 26 per cent against last year. Its earnings per share were VNĐ1,762, an increase of 25 per cent. The profit margin was 17 per cent, 2.4 times higher than the same period last year.

The company’s technology segment posted a revenue and pre-tax profit of VNĐ4.3 trillion and VNĐ483 billion, up by 24 per cent and 39 per cent year-on-year, respectively.

The telecommunications segment recorded VNĐ3.4 trillion in revenue, up by 16 per cent year-on-year, while its pre-tax profit was VNĐ585 billion, up by 11 per cent year-on-year.

During the first five months of this year, FPT’s overseas branches recorded positive business results, with more than VNĐ3 trillion and VNĐ494 billion in revenue and pre-tax profit, up by 25 per cent and 35 per cent, respectively, over the same period last year. — VNS

 

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