FPT Corporation earns high revenue

29.08.2016

In the first seven months this year, FPT Corporation recorded a consolidated revenue and before tax profit of VND20.93 billion and VND1.42 billion, equal to 93 per cent and 100 per cent of the year-to-date guidance, respectively.

After-tax profit was VND1.20 billion, equal to 101 per cent of the year-to-date (ytd) guidance. After-tax profit attributable to the parent company’s shareholders was VND906 billion. Earning-per-share (EPS) was VND1,976 after seven months.

In seven months, overseas markets showed encouraging results with VND3.13 billion in revenue or a year-on-year increase of 30 per cent, and VND9.42 billion in before-tax profit, or a year-on-year increase of 32 per cent. Of this figure, the largest contribution came from the software outsourcing segment with its revenue up 34 per cent year over year.

Besides, the retail segment maintained its outstanding performance, increasing 33 per cent in revenue and 39 per cent in before tax profit, reaching 104 per cent and 111 per cent of the ytd target, respectively.

Source: Vitenam.net

Photo: CBR Investment AG