FPT aims to increase profit by 18%

Live Quote: On

RSS

My Page | Contact Us

RSS

RSS

Company A-Z | Stock Screener | My Portfolios | Streaming Quotes | Technical Analysis

Investing Tools

Useful Links

Friday, May 30, 2025 10:57:29 AM - Markets open

VN-INDEX

1,339.43

-2.43/-0.18%

HNX-INDEX

224.52

+0.22/+0.10%

UPCOM-INDEX

98.75

+0.13/+0.13%

FPT aims to increase profit by 18%

Vietnam News - 2/16/2020 11:00:00 AM

(0 ratings. You must sign in to rate.)

Print |

Add To Favorites |

Email |

RSS

FPT Corporation plans to earn VNĐ32.45 trillion (US$1.4 billion) this year, with profit before tax of VNĐ5.5 trillion.

The corporation expects revenue to increase 17 per cent over last year and profit before tax to grow 18 per cent.

FPT’s board of directors has just approved the business plan for this year.

Accordingly, with a digital transformation strategy, FPT expects to maintain its high profit growth momentum, in which the technology sector would be its main growth engine.

In addition, the board of directors approved increasing the charter capital of FPT Software from VNĐ2.4 trillion to VNĐ2.8 trillion.

The charter capital for FPT Education would be increased from VNĐ600 billion to VNĐ1 trillion.

FPT Corporation reported profit before tax of nearly VNĐ4.7 trillion on revenues of VNĐ27.7 trillion last year, around a 20 per cent increase in both cases.

Earnings per share was VNĐ4,220, up 19 per cent.

Last year, FPT’s technology segment, its key growth driver, achieved revenues and profits of VNĐ15.78 trillion and VNĐ1.97 trillion, marking respective increases of 17.8 per cent and 30 per cent. — VNS

Read original article here

Newer News
27/05	Vietjet places order for 20 Airbus planes to fuel future expansion
20/05	Vietnamese firms confront rising wave of trade defence measures
16/05	HVN: Vietnam Airlines aims to raise $880m in the next two years
14/05	Thai firms collect over $1.2 billion in dividends from Vietnamese companies
14/05	VinSpeed proposes $61 billion investment in North-South high-speed railway
13/05	SBV approves NCB’s plan to increase charter capital
13/05	Vietnam Airlines signs MoU on cooperation with Russia's VTB Bank
09/05	Phạm Nhật Vượng becomes first Vietnamese person owning $9b assets
09/05	Petrolimex posts big fall in profits as global crude price tumbles
08/05	Vietnamese businesses invest $309.3 million abroad in four months

Older News
14/02	BVN: Board resolution on holding Extraordinary General Meeting of Shareholders 2020
14/02	ACS: Luu Dinh Quy is no longer principal shareholder
14/02	BSQ: Notice of record date for Annual General Meeting of Shareholders 2020
14/02	SIP: Annual Corporate Governance Report 2019
14/02	VTV: Board Resolution
14/02	VHL: Financial Statement FY 2019 (holding company)
14/02	VE3: Notice of transactions of Directors, PDMR (Tran Thi Phuong Mai)
14/02	TBX: Annual Corporate Governance Report 2019
14/02	VE2: Notice of record date for Annual General Meeting of Shareholders 2020
14/02	TV3: Notice of record date for Annual General Meeting of Shareholders 2020

Newsletter Signup

Top Stories

	Profit-taking pressure grows as market retreats
	Open-end funds keep attracting capital inflows
	Stock market upgrade expected by September
	Stock market starts off May on a positive note as key stocks gain post-holiday
	Việt Nam to launch KRX trading system on May 5