FPT completed 102% of the year -to-date profit before tax guidance

In the first eight months of 2016, FPT has recorded consolidated revenue and profit before tax of VND 24,544 billion and VND 1,719 billion, equal to 93% and 102% of the year-to-date guidance, respectively. Profit after tax was VND 1,472 billion, equal to 103% of the YTD guidance. Profit after tax attributable to parent company’s shareholders was VND 1,119 billion. EPS was VND 2,441 in eight months, which was 2% lower than the prior year period.

The Going global strategy continued to serve as an important growth driver. In eight months, overseas markets showed encouraging result with VND 3,625 billion of revenue, up 29% year over year, and VND 509 billion in profit before tax, up 29% year over year.

Besides, the Retail segment maintained its outstanding performance, increasing 33% in revenue and 44% in profit before tax, reaching 104% and 106% of the YTD target, respectively. The Retail segment was operating 350 shops by the end of August 2016.

Recently, the “FPT” brand has been featured among Top 10 of Vietnam’s Top 50 most valuable brands by Brand Finance (UK). Accordingly, “FPT” brand was valued at USD 302 million. Besides, FPT was assessed by Brand Finance to be one of the three brands that have the highest intangible value.