FPT records revenue more than $200 million in Q1

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FPT recorded revenue of VND4.75 trillion (US$) in the first quarter of this year while profit before tax was VND781 billion.

FPT recorded a revenue of US$209.2 million in the first quarter of this year. — File Photo

FPT recorded a revenue of VND4.75 trillion (US$209.2 million) in the first quarter of this year while profit before tax was VND781 billion.

Profit after tax was VND653 billion, up 21 per cent year-on-year. Profit after tax attributable to the parent company’s shareholders was up 23 per cent to VND509 billion and earnings per share was VND959, up 23 per cent.

In addition, profit before the tax margin was 16.4 per cent, up 2.5 times year-on-year.

The technology sector recorded revenue and profit before tax of VND2.5 trillion and VND250 billion, up 27 per cent and 37 per cent respectively.

The telecom sector saw an increase of 15 per cent in its revenue, to VND2 trillion, while profit before tax was VND339 billion, a year-on-year increase of 15 per cent.

Ending the first quarter, FPT’s overseas markets recorded a healthy growth with revenue increasing by 29 per cent to VND1.8 trillion, and profit before tax up 36 per cent to VND 272billion. — VNS

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