FPT’s profit before tax increase 23% YoY

In 4M2019, revenue and PBT increased by 19.4% and 22.6% year on year (YoY), achieved VND 7,791 billion and VND 1,342 billion, equal to 101% and 111% of the year to date (YTD) target, respectively.

Profit after tax (PAT) and PAT attributable to parent company’s shareholders was VND 1,113 billion and VND 887 billion, up 21.2% and 22.3% compared with 4M2018, respectively. EPS was VND 1,446, up 21.7% YoY. Moreover, the PBT margin was improved to 17.2% (16.8% in 4M2018).

Financial performance by sector: Technology sector’s PBT soared by 45.3% YoY

As a key growth diver of FPT, Technology sector recorded revenue and PBT of VND 4,187 billion and VND 536 billion, equal to 100% and 112% of the YTD target, up 22.0% and 45.3% YoY, respectively. In which, the Software outsourcing segment recorded revenue of VND 3,133 billion, up 38.1% YoY. PBT was VND 469 billion, up 39.6% YoY.

Telecom sector had its revenue up 17.6%, to VND 3,187 billion, equal to 101% of the YTD target. PBT was VND 504 billion, equal to 104% of the YTD target, up 10.8% YoY. In which, Telecom services’ revenue and PBT reached VND 3,025 billion and VND 429 billion, up 18.2% and 11.9% YoY, respectively.

Overseas markets' revenue up 35.7% YoY

In 4M2019, overseas markets brought FPT with revenue of VND 3,327 billion, up 35.7% YoY and PBT of VND 513 billion, up 33.8% YoY. The overseas revenue and PBT contributed 43% and 38% to the Corporation's performance, respectively (In 4M2018, the proportions were 38% and 35%).