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FPT reports high profits in eight months
vietnamnews - 9/19/2024 9:18:45 AM
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Vietnam technology giant, FPT corporation, has reported revenue and profits before tax in the first eight months of this year, reached VNĐ 39.66 trillion (over US$ 1.5 billion) and VNĐ7.07 trillion, up by 20.8 per cent and 19.9 per cent year-on-year.
 
 
A FPT retail shop in Long Thanh, Dong Nai Province. — Photo of vneconomy.vn
 
Vietnam technology giant, FPT corporation, has reported that its revenue and profit before tax in the first eight months this year reached VNĐ 39.66 trillion (over US$ 1.5 billion) and VNĐ7.07 trillion, up by 20.8 per cent and 19.9 per cent year-on-year.
 
Profit after tax attributable to parent company’s shareholder and EPS reached VNĐ5 trillion and VNĐ3,428 per share, up by 22.5 and 22.2 per cent.
 
Its global IT Services segment continued to see solid revenue growth of 30.4 percent, reaching VNĐ19.9 trillion, driven by all four markets.
 
In particular, the Japanese and APAC markets continued to post strong growth of 34.4 per cent (37.2 per cent JPY-based) and 36.9 per cent. Signed revenue from Global IT Services reached VNDĐ22.7 trillion, up by 19 per cent.
 
The company reported on September 18 that in the first eight months of 2024, it closed 29 large deals, worth more than five million dollars a time, reflecting the increasing global demand for FPT's strong capabilities in delivering advanced technological solutions.
 
The Domestic IT services segment generated VNĐ4.59 trillion, reflecting a growth rate of 10.6 per cent, driven by increased technology investment demand from the banking and finance sector. — VNS
 
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