FPT breaks $100 million profit barrier

Dec 26th at 22:37
26-12-2012 22:37:04+07:00

FPT breaks $100 million profit barrier

Software giant FPT posted pre-tax profits of over VND2.1 trillion (US$100 million) in an end-of-year statement.

FPT also said its revenue up to the end of November exceeded VND21.8 trillion or $1 billion while the net profit of its mother company reached VND1.364 trillion ($65 million), equating to earnings of VND5,019 ($0.24) per share.

The corporation's trading on services (telecommunication, IT, online service) and software were able to maintain growth of around 30 per cent.

vietnamews



NEWS SAME CATEGORY

Mai Linh to sell 1,000 cabs to ease debt clearance

Taxi operator and transport company Mai Linh Group is poised to sell 1,000 old cabs next year to pay its investors, chairman Ho Huy confirmed on Saturday.

Eximbank to build $150-million headquarters

Vietnam Import Export Bank (Eximbank) on Tuesday cut a deal for developing its new headquarters called Eximbank Tower with project management consultant Turner and...

DHG sells Eugica trademark

Hau Giang Pharmaceutical JSC. (DHG) has sold the Eugica trademark to Mega Lifesciences Limited (Thailand).

Bianfishco targets $90 million in 2013

After nearly four months of restructuring, Binh An Seafood Joint Stock Company (Bianfishco) had stabilised production and targeted US$90 million in export turnover...

Vinatex to sell non-core operations

The Viet Nam Textile and Garment (Vinatex) Group plans next year to continue divesting capital from non-core lines of business such as banking, securities...

Brewery company votes on selling shares

Ha Noi Alcohol Beer and Beverage Company, known as Habeco, will hold an unusual shareholders' meeting on December 7 to vote on whether the company can sell shares...

Struggling firms slash targets for 2012

With over a month left in 2012, about 40 enterprises listed on both of the nation's stock exchanges have estimated losses or revised down their profit projections...

FPT has profit of VND1.9 trillion in the first 10 months

The Corporation for Financing and Promoting Technology (FPT) gained a total revenue of VND19.7 trillion (US$93 million) in the first 10 months of this year...

Vinachem to sell petrochemical shares

The Viet Nam Chemical Group (Vinachem) plans to sell off the remainder of its shares in Long Son petrochemical complex next month.

HCM City Securities Co on track for profits

The HCM City Securities Co (HSC) forecasts that it will earn a total pre-tax profit of VND278 billion (US$13.3 million) ending October, completing 98 per cent of...


MOST READ


Back To Top