Revenue from technology and telecom sectors contributed 94% to the corporation`s total revenue.
Vietnam's leading IT service provider FPT report after-tax profit of VND1.96 trillion (US$84.53 million), up 16% year-on-year, local media reported.
In the January - August period, FPT's revenue reached VND14 trillion (US$603.86 million), up 19% year-on-year and pre-tax profit of VND2.34 trillion (US$100.87 million), up 32% year-on-year, stated the company's financial statement.
In like for like comparison (FPT Retail and Synnex FPT were regarded as associates for the first eight months of 2017), the IT companys' revenue decreased by 49% year-on-year, equal to 105% of the year-to-date target, and pre-tax profit up 17%, equal to 113% of the year's target.
After-tax profit was VND1.96 trillion (US$84.53 million), up 16% year-on-year, while the figure attributable to parent company's shareholders was up 19% to VND1.54 trillion (US$66.40 million).
Additionally, earnings per share (EPS) reached VND2.52 trillion (US$108.64 million), up 18% year-on-year. Pre-tax profit margin stood at 16.6%.
Revenue from technology and telecom sectors contributed 94% to the corporation's total revenue.
Technology sector recorded revenue and pre-tax profit of VND7.57 trillion (US$326.3 million) and VND863 billion (US$37.19 million), up 21% and 31% year-on-year, respectively. In which, the software outsourcing segment posted revenue of VND5.04 trillion (US$217.3 million), up 33% year-on-year and pre-tax profit of VND773 billion (US$33.32 million), up 30% year-on-year.
Telecom sector's revenue stood at VND5.69 trillion (US$245.31 million), up 16% year-on-year, and pre-tax profit of VND994 billion (US$42.85 million), up 19% year-on-year.
In the first eight months of 2018, FPT's overseas markets recorded revenue of VND5.48 trillion (US$236.25 million), up 30% year-on-year and pre-tax profit of VND860 billion (US$37.07 million), up 36% year-on-year.
The overseas revenue contributed 39% to the total revenue of the company, up from 15% recorded in the same period of last year.
Recently, FPT was named in the top 10 of the list of 10 most valuable brands in Vietnam by Forbes with brand value of US$169 million.
Illustrative photo.
|
In like for like comparison (FPT Retail and Synnex FPT were regarded as associates for the first eight months of 2017), the IT companys' revenue decreased by 49% year-on-year, equal to 105% of the year-to-date target, and pre-tax profit up 17%, equal to 113% of the year's target.
After-tax profit was VND1.96 trillion (US$84.53 million), up 16% year-on-year, while the figure attributable to parent company's shareholders was up 19% to VND1.54 trillion (US$66.40 million).
Additionally, earnings per share (EPS) reached VND2.52 trillion (US$108.64 million), up 18% year-on-year. Pre-tax profit margin stood at 16.6%.
Revenue from technology and telecom sectors contributed 94% to the corporation's total revenue.
Technology sector recorded revenue and pre-tax profit of VND7.57 trillion (US$326.3 million) and VND863 billion (US$37.19 million), up 21% and 31% year-on-year, respectively. In which, the software outsourcing segment posted revenue of VND5.04 trillion (US$217.3 million), up 33% year-on-year and pre-tax profit of VND773 billion (US$33.32 million), up 30% year-on-year.
Telecom sector's revenue stood at VND5.69 trillion (US$245.31 million), up 16% year-on-year, and pre-tax profit of VND994 billion (US$42.85 million), up 19% year-on-year.
In the first eight months of 2018, FPT's overseas markets recorded revenue of VND5.48 trillion (US$236.25 million), up 30% year-on-year and pre-tax profit of VND860 billion (US$37.07 million), up 36% year-on-year.
The overseas revenue contributed 39% to the total revenue of the company, up from 15% recorded in the same period of last year.
Recently, FPT was named in the top 10 of the list of 10 most valuable brands in Vietnam by Forbes with brand value of US$169 million.
Other News
- Hanoi Great Souvenir Fair 2024 to take place next week
- As orders rise, Vietnamese textile firms see better prospects in 2024
- C.bank to auction nearly 17,000 gold taels on April 22
- Trade ministry proposes purchasing renewable electricity mechanisms without EVN’s involvement
- Australia and Vietnam develop competitive electricity markets
- Vietnam, Thailand advance realization of “Three Connections” strategy
- Vietnamese Gov’t to expand list of electricity buyers under direct power agreement scheme
- Viettel opens largest data center in Vietnam to support AI development
- Vietnam’s economy expected to grow at solid pace in 2024-2025: ADB
- Apartment prices in Hanoi are closing in on those in Ho Chi Minh City
Trending
-
Vietnamese PM outlines five 'reinforcements' at ASEAN Future Forum
-
Vietnam news in brief - April 23
-
3,400 taels of gold purchased at the first-in-11-year auction
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen