FDC report record sales of VND 10,000 billion

According to the data in the afternoon of December 19, FDC has achieved VND 10,100 billion in revenue, exceeding more than 20% of the planned figure. This is the first time FDC has hit such an impressive milestone since its restructuring in 2009.

Up to now, FPT Distribution Company (FDC under FPT Trading) has earned more than VND 10,000 billion in revenue for 2014, 2 times higher than the figure in the same period of 2012.

According to Vice General Director of FDC Nguyen The Hoang, the positive signals from the domestic market generated some advantages for FPT’s distribution. The traditional IT products (computer hardware and software), iPhone 6, iPhone 6 Plus and Asus Zenfone made the largest distributions to the revenue.

Especially, iPhone 6 and iPhone 6 Plus distributed by FPT since November 14 increased FPT Trading’s iPhone revenue to VND 655 billion in November alone, approximately 5 times higher than the figure in previous months.

At the beginning of December, FPT Trading completed its business plan for 2014, exceeding 15% and one month earlier.

According to the latest business result, after 11 months, FPT earned the total revenue of VND 30,857 billion, increasing by 24% compared to the same period last year and finishing 110% of the 11-month plan, primarily driven by growth from Software Export (up 37%), Telecommunications (up 19%), Distribution (up 22%) and Retail (80%).

In the first eleven months, pre-tax revenue reached VND2,269 billion, an increase of 1 per cent compared to the same period last year. After-tax profit reached VND1.48 trillion up 7 per cent. Earning per share (EPS) was VND 4,323, an increase of 7% compared to the same period.

Foreign markets continue to drive sales and profits thanks to the group’s expansion efforts and M&A strategy. Revenue from foreign markets was 3,216 billion ($152 million), up 41 per cent compared to the same period last year. Pre-tax revenue, meanwhile, was VND527 billion up 14 per cent.