Five-month profit before tax up 12% yoy

Ending the first five months of 2017, FPT recorded consolidated revenue of VND 16,366 billion, up 12% YoY, equal to 103% of the year-to-date (YTD) target for the five-month period. Profit before tax (PBT) was VND 1,166 billion, increasing by 12% YoY and equal to 107% of the YTD target. Profit after tax (PAT) was VND 977 billion, up 10% YoY.

Year-to-date PAT attributable to parent company’s shareholders was VND 745 billion, up 10% YoY. Year-to-date EPS was VND 1,620 in five months, up 8% YoY.

FPT’s earnings growth in five months continued to be driven by the two core business sectors including Technology and Telecom, which altogether accounted for 75% of the consolidated profit before tax of the group. More specifically, year-to-date profit before tax of the Technology and Telecom sectors increased by 31% and 21% YoY, respectively.

The Distribution and retail sector has achieved 103% of both revenue and PBT targets for the year to date, in which, the retail segment continued to perform outstandingly in the first five months, with its YTD revenue up 32% and YTD profit before tax up 44% YoY.

During the reported period, FPT’s overseas markets recorded revenue of VND 2,472 billion, up 13% YoY, and PBT of VND 335 billion, up 10% year on year.