FPT among 50 best listed companies for 7 years in a row

FPT was honored among companies having the market capitalization of more than USD1 billion besides 50 best listed companies for 7 years in a row.

FPT was one of the 50 best-performing companies listed on the Hanoi and Ho Chi Minh Stock Exchanges, top 16 companies having the market capitalization of more than USD1 billion and 8 enterprises among 50 best listed companies for 7 years in a row.

Top 50 is an annual ranking developed by Nhip cau dau tu Magazine in tandem with Thien Viet Securities. The ranking process took counsel from many economists and business experts from Harvard Business School and referred to many prestigious rankings from renowned publications such as Bloomberg Businessweek, Fortune, and Forbes.

Ms. Truong Thi Thanh Thanh, Director of FPT's Corporate Social Responsibility (CSR), receiving the award.

Forbes Vietnam applies company ranking methods of Forbes (an American Business Magazine), taking into consideration the characteristics of the businesses listed in Vietnam. The assessment is based on the financial statements audited for three consecutive years. Forbes considered all the listed shares and arranged them by each sector group.

The list has been compiled to provide information on companies with outstanding business results and high profits for investors. Besides this, it is also to honor and encourage the spirit entrepreneurialism.

Ending the first quarter of 2018, FPT recorded revenue of VND 4,751 billion, equal to 104% of the YTD target, profit before tax (PBT) was VND 781 billion, equal to 118% of the YTD target. In like for like comparison (FPT Retail and Synnex FPT were regarded as associates for 1Q2017), revenue and PBT increased by 22% and 34% year on year (YoY), respectively. Compared to the actual number (no adjustment) of 1Q2107, revenue down 51% and PBT up 21% YoY.

Profit after tax (PAT) was VND 653 billion, up 21% YoY. PAT attributable to parent company’s shareholders was up 23% to VND 509 billion and EPS was VND 959 up 23% YoY. In addition, PBT margin achieved 16.4%, up 2.5 times YoY.

The overseas markets continued to be a key growth driver for FPT. Ending the first quarter of 2018, FPT’s overseas markets recorded a healthy growth with revenue increased by 29% to VND 1,827 billion, and PBT up 36% YoY to VND 272 billion.