FPT’s nine-month profit-before-tax increases by 15%
FPT’s nine-month profit-before-tax increases by 15%
Revenue and profits indicators all showed growth as planned in the first nine months of this year, FPT has reported.
Consolidated revenue was VND31.13 trillion, up nine per cent year-on-year.
Profit-before-tax was VND2.3 trillion, increasing by 15 per cent and equal to 99 per cent of the year-to-date target. Profit-after-tax was VND1.95 trillion, up 12 per cent.
Year-to-date profit-after-tax attributed to the parent company’s shareholders was VND1.51 trillion, up 13 per cent. Year-to-date earning per share (EPS) was VND2,845 in the nine-month period, up 13 per cent.
FPT’s earnings growth in the nine-month period continued to be driven by two core business sectors technology and telecom, which accounted for 73 per cent of the consolidated profit-before-tax of the group. Specifically, the technology and telecom sectors’ profit-before-tax was up 16 per cent and 10 per cent year-on-year, respectively.
FPT’s overseas markets recorded revenue of VND4.8 trillion, up 17 per cent over the same period last year, and profit-before-tax was VND741 billion, up 23 per cent, accounting for nearly one-third of the consolidated profit-before-tax.
