F-Ville Software Village of FPT Corporation in Hoa Lac Hi-tech Park in Ha Noi City. The corporation announced to earn a total revenue of more than VND30 trillion in the first 11 months of 2014. — Photo dantri.com.vn

HA NOI (Biz Hub) — FPT Corporation earned total revenue of VND30,857 billion (US$1.46 billion) in the first 11 months of 2014.

This total revenue is not only 24 per cent higher compared with that obtained in the same period last year but also exceeds the firm's target by 10 per cent. Its pre-tax profit reached VND2,269 billion (over $108 million), which is one per cent higher than the same period last year. The after-tax profit of the shareholders of the parent company increased by seven per cent, which reached VND1,487 billion ($70.8 million). The firm's basic earnings per share achieved VND4,323 ($0.2), which shows an increase of seven per cent compared with the same period last year.

The group gained revenue of VND3,216 billion ($153.1 million) from the overseas market, which indicates an increase of 41 per cent compared with the same period last year.

Its pre-tax profit in the foreign market gained VND527 billion (over $25 million), which is 14 per cent more than that gained in the same period in 2013.

The enterprise's market expansion and ongoing M&A strategies have contributed to its growth in revenue and profit, FPT disclosed in a press release.

The firm has also seen growth in its business ventures, such as software exports, telecommunications services, delivery and retail.

The distribution of Apple's latest products, iPhone 6 and iPhone 6 Plus, on November 14 boosted the revenue of its member company FPT Trading to VND655 billion ($31.1 million) in November alone. The amount is approximately five times higher than its average turnover in the previous months of the year. — VNS