FPT Corporation has reported a 22.6 per cent year-on-year increase in profit before tax and 19.4 per cent increase in revenues in the first four months of the year.

FPT Corporation has reported a 22.6 per cent year-on-year increase in profit before tax and 19.4 per cent increase in revenues in the first four months of the year.

They were respectively VND1.34 trillion (US$57.4 million) and VND7.79 trillion ($333.29 million).

The profit after tax (PAT) and PAT attributable to parent company’s shareholders were VND1.1 trillion and VND887 billion, up 21.2 per cent and 22.3 per cent over a year.

Earnings per share were up 21.7 per cent annually at VND1,446.

A key growth driver, the technology sector recorded revenues and profit before tax of VND4.18 trillion and VND536 billion, up 22 per cent and 45.3 per cent.

The software outsourcing segment had revenues of VND3.13 trillion, up 38.1 per cent. Its profit before tax was VND469 billion, up 39.6 per cent.

The telecom segment’s revenues and profit before tax were VND3.18 trillion and VND504 billion, up 17.6 per cent and 10.8 per cent.

Overseas revenues were over VND3.3 trillion, up 35.7 per cent and profit before tax was VND513 billion, up 33.8 per cent. — VNS