FPT’s overseas markets recorded a healthy growth in Q1

FPT recorded a revenue of VND 4.75 trillion (USD 209.2 million) in the first quarter of this year while profit before tax was VND 781 billion.

Profit after tax was VND 653 billion (USD 28.5 million), up 21 per cent year-on-year. Profit after tax attributable to the parent company’s shareholders was up 23 per cent to VND 509 billion (USD 22.2 million) and earnings per share was VND 959, up 23 per cent.

In addition, profit before the tax margin was 16.4 per cent, up 2.5 times year-on-year.

The technology sector recorded revenue and profit before tax of VND 2.5 trillion (USD 109 million) and VND 250 billion (USD 10.9 million), up 27 per cent and 37  per cent respectively.

The telecom sector saw an increase of 15 per cent in its revenue, to VND 2 trillion (USD 87.2 billion), while profit before tax was VND 339 billion (USD 14.8 million), a year-on-year increase of 15 per cent.

Ending the first quarter, FPT’s overseas markets recorded a healthy growth with revenue increasing by 29 per cent to VNĐ1.8 trillion, and profit before tax up 36 per cent to VND 272 billion (USD 11.9 million).

Source: FPT Corporation & Vietnam News