FPT Corporation recorded a consolidated revenue of nearly VND12.98 trillion (US$569.3 million) in the first four months of this year, a year-on-year increase of 13 per cent that equals 104 per cent of its year-to-date target. — Photo baodautu.vn

FPT Corporation recorded a consolidated revenue of nearly VND12.98 trillion (US$569.3 million) in the first four months of this year, a year-on-year increase of 13 per cent that equals 104 per cent of its year-to-date target.

Profit before tax reached VND904 billion, up 14 per cent over the same period last year, while the profit after tax rose 18 per cent to VND759 billion.

Profit after tax attributable to parent company’s shareholders and earnings per share (EPS) both achieved growth rate of 15 per cent year-on-year, to VND581 billion and VND1.26 trillion, respectively.

Profit growth of FPT remained driven by the two core businesses including technology and telecom sectors, which accounted for 75 per cent of the consolidated profit before tax of the group. Specifically, profit before tax of the technology and telecom sectors increased by 48 per cent and 20 per cent, respectively.

The distribution and retail sector has fulfilled 104 per cent of targets for both revenue and profit before tax for the first four months.

Meanwhile, the retail segment continued to perform outstandingly in the first four months, with its revenue up 31 per cent and pre-tax profit up 45 per cent.

Overseas markets grew 16 per cent to hit VND1.96 trillion in revenue and 15 per cent to VND284 billion of profit before tax. — VNS