FPT Corporation has completed procedures to increase its charter capital by more than 500 billion VND (22.7 million USD) to 3,975 billion VND (180.68 million USD).

FPT Corporation increases its charter capital to 3,975 billion VND (US$180.68 million). (Photo ictnews.vn)

The amount has been reached after it issued additional shares to give new stock dividends to shareholders. The enterprise issued 51.8 million shares to pay dividends to shareholders at a rate of 15%. The capital for paying dividends was taken from its retained earnings. After the issuance, the total number of its shares increased to 397.5 million, equivalent to the charter capital of 3,975 billion VND.

This year, the corporation targets to increase its revenue by 13%. In the first 5 months of the year, FPT gained nearly 16 trillion VND (727.27 million USD) in consolidated revenue, a 30% increase over the same period last year. Its profit before tax reached more than 1,100 billion VND (50 million USD), marking a 12 %year-on-year increase, while its earnings per share got 2,128 VND (0.096 USD), posting a year-on-year increase of 19%.

FPT's global revenue reached nearly 1,700 billion VND (77.27 million USD) in the first five months of 2015, posting a 54% year-on-year increase.

(Source: VNA)