FPT completed the 2019 profit target before 1 month

In 11M2019, FPT’s revenue reached VND 24,533 billion, surpassed USD 1 billion, up 19.7% YoY, equal to 92% of the 2019 target. Profit before tax (PBT) was VND 4,439 billion, up 24.3% YoY and completed 100% of the year plan.

Profit after tax (PAT) and PAT attributed to parent company’s shareholders was VND 3,734 billion and VND 3,026 billion, up 23.9% and 25.0% YoY, respectively. EPS was VND 4,469, up 24.5% YoY. Moreover, the PBT margin was improved to 18.1% (17.4% in 11M2018).

Financial performance by sector: Technology sector’s PBT soared by 34.9% YoY

As a key growth diver of FPT, Technology sector recorded revenue and PBT of VND 13,797 billion and VND 1,895 billion, up 23.0% and 34.9% YoY, respectively. In which, the IT services from global market recorded revenue of VND 9,817 billion, up 31.5% YoY and reached VND 10,000 billion on December 3^rd, 2019. PBT was VND 1,625 billion, up 35.8% YoY. All market revenues achieved solid growth, especially in the US market - the second largest market – reached revenue of more than USD 100 million, up 53.7% YoY.

Telecom sector had its revenue up 16.7% to VND 9,411 billion. PBT was VND 1,633 billion, up 16.5% YoY. In which, Telecom services’ revenue and PBT reached VND 8,869 billion and VND 1,350 billion, up 17.0% and 21.5% YoY, respectively.

Financial performance by market: Overseas markets' PBT up 31.6% YoY

In 11M2019, overseas markets brought FPT with revenue of VND 10,325 billion, up 28.1% YoY and PBT of VND 1,747 billion, up 31.6% YoY. The overseas revenue and PBT contributed 42% and 39% to the Corporation's performance, respectively (In 11M2018, the proportions were 39% and 37%).