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FPT profits up thanks to strong overseas branches

VNA
Published: August 03, 2015

The country's software giant FPT Corporation (FPT) released its first-half financial report, citing pre-tax profits of 1.35 trillion VND (63.3 million USD), a 10% increase over last year's figure.

(Photo: www.fptshop.com.vn)
(Photo: www.fptshop.com.vn)

The holding company's post-tax profit increased by 12% to 881 billion VND (41.3 million USD) over last year.

The company's earnings-per-share also rose by 12% to 2,224 VND.

FPT's combined revenue rose by 27% over last year to 19.32 trillion VND (907 million USD), 108% of this year's plan.

The company said that the growth of sales in the company's technology sector and distribution-retail sector was the major factor that helped FPT achieve such high profits and revenue.

FPT's growing overseas branches is a key factor in its growth. Its overseas business increased 44% to 98 million USD in revenue in the first half of this year.

(Source: VNA)

 

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