Four - month profit before tax up 14% YoY

Ending the first four months of 2017, FPT recorded consolidated revenue of VND 12,975 billion, up 13% YoY, equal to 104% of the year-to-date (YTD) target. Profit before tax (PBT) has increased by 14% YoY to VND 904 billion, which was equal to 108% of the YTD target. Profit after tax (PAT) was VND 759 billion, up 18% YoY.

Both year-to-date PAT attributable to parent company’s shareholders and year-to-date EPS have increased by 15% YoY, to VND 581 billion and VND 1,264, respectively.

Profit growth of FPT continued to be driven by the two core businesses including Technology and Telecom sectors, 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 48% and 20% YoY, respectively.

The Distribution and retail sector has achieved 104% in terms of both revenue and PBT targets for the year to date, in which, the retail segment continued to perform outstandingly in the four months, with its revenue up 31% and profit before tax up 45% YoY.

During the reported period, FPT’s overseas markets recorded revenue of VND 1,963 billion, up 16% YoY, and PBT of VND 284 billion, up 15% year on year.