FPT earned 608 billion in the first four months
Following the good performance in the first quarter, the Corporation continued impressively with the revenue of more than 1.620 billion Dongs in April, increasing the total revenue of the first four months to over 5.890 billion at a growth of 1 5 . 5% compared to the same period of 2009. Especially, the profit of the month also hit 153 billion, updating the total profit of the corporation to more than 608 billion, which is 30.2% higher than that of the same period of 2009.
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24/05/2010
In April 2010, almost the core businesses of the Corporation including telecommunication, software, and training are optimistic and have good completion ratio .
Software: the revenue of FPT Software in April reached US$ 3,35 million ( VND 64 billion) , completing 1 03% of plan at the growth of 27% . The profit-before-tax of FPT Software in April hit 12 . 16 billion dongs, increasing by 2 8% compared with the same period of last year and accomplishing 106% as planned .
FPT Information System (FPT IS) , in April, earned VND 226 billion, completing 85% of sales plan with the profit-before-tax of VND 23,1 billion . The revenue and profit of the company grew at 95% and 1 62% respectively .
Distribution: FPT Trading Group (FTG) achieved the revenue of more than 1.096 billion Dongs, completing 92% of plan and growing 20% compared to the same period of 2009. The profit-before-tax of FTG, however, hit 40,7 billion, accomplishing 135% as plan and increasing by 78% in comparison with last year.
Telecommunication: the revenue of FPT Telecom in April 2010 was 202 tỷ VND, achieving 99% of plan at a growth rate of 44% compared to the same period of 20089. The profit-before-tax reached 50,1 billion Dongs, completing 98% of the month plan and increasing by 33% compared to last same period .
With such fairly good growth of revenue and profit in April and boosting methods being applied, FPT has an optimistic view on completion of high growth plan in the next months of the second quarter .
Notable business activities by FPT in the first four months
1. FPT Software launched Notes Migration Factory
The establishment ceremony of the Lotus Notes Conversion Enterprise took place in FPT Cau Giay Building this 14th April. This is the first enterprise specializing in this business that Microsoft Services has cooperated with another partner in the world. The foundation of the enterprise plays an important role for FPT Software Company, which is the proof of a great leap regarding project scale and quality of FPT to move from simple retailer (on a man-month basis) to solution provider with opportunities to win global-scale projects. Furthermore, FPT has once again confirmed the prestige that is recognized by Microsoft as one of reliable partners throughout the world.
2. FPT Software signed the 42.000 - USD - contract
This is the contract to implement SAP project for Hitachi, in which two modules of SAP – FI and SAP – CO would be implemented for Hitachi’s foreign branches (including Singapore, Thailand and Indonesia). T he project keeps notable importance for FPT to penetrate deeper into the fields of industry and distribution of Hitachi .
3. DBI Japan officially employed Project DashBoard developed by FPT Software
This product is designed on the platform of FSOFT Insight – a project management tool developed by FPT Software. This is the first time a product made by F PT Software has been used by a prestigious company in Japan .
4. FPT - IS contracted with Natixis Bank- France
The contract named “Implementation of the State Bank Report System Version 2.0” (SBRS for short) was signed on 23rd March. A ccording ly, FPT IS shall be the software licensor and implementer of the State Bank Report System for Natixis Bank. The State Bank Report System developed by FPT IS is able to meet almost requirements of the latest regulations promulgated by the State. This software has been sold to more than 15 banks .
5. Opening the e-Gov system in Bac Kan province
The opening ceremony of e-Government system in Bac Kan province was held on 13th April. This system is implemented by FPT IS, which lasts for six months with seven applications. Previously, the (FPT.eGOV) software designed and developed by FPT IS has been applied widely in a number of provinces across the nation such as Ho Chi Minh City, Nha Trang and Binh Duong.
6. FPT IS provided E-Banking system for Ph uo ng Nam Bank
On 14th April, FPT IS signed the contract to provide services and software license of “E-Banking system” for Phuong Nam Commercial Joint Stock Bank. The E-Banking system provided by FPT IS includes five modules namely Internet Banking, SMS Banking, Mobile Banking, Phone Banking and System Administration.
7. Launching MobiVi
FPT Telecom offered a new payment channel for Internet user, which has come into use since April 2010 . That is the online payment solution called MobiVi. It is represented in the form of an electronic account, functioning as an “online pocket”, which is provided by Viet Phu Payment Company. The Online Pocket (MobiVi) is dedicated for customers without any bank account or with the account provided by partner banks of MobiVi .
8. FPT Telecom opened Phu Tho branch on 8th April
Located at 1121 Hung Vuong Boulevard, Tien Cat ward, Viet Tri city, the branch provides ADSL and FTTH services to customers in the city. On this occasion, FPT Telecom offered the promotion program lasting from 8th to 30th April .
9. FPT Telecom upgrade d the bandwidth of FTTH (Fiber- to- the- Home) Internet services
Commencing from early April 2010, FPT Telecom enlarge d the bandwidth of the FTTH service package for corporate customers across the nation from 30 Mbps (the FiberBronze) to 65 Mbps (the FiberDiamond). By the bandwidth upgrade from 30 Mbps to 65 Mbps and the international committed speed from 640 Kbps to 1,5 Mbps, customers’ demands on exclusive Internet-based applications such as dedicated Hosting Server, VPN, Data transmission, Game Online, IPTV, VoD (Video-on-Demand), Video Conference, and IP Camera are fully met, allowing users to save time and reduce cost. Besides, the company shall provide free bandwidth upgrade for new and current customers
10. FPT held meeting with investors
On 19th April, FPT held the meeting with shareholders and investors at the Metropole Hanoi Hotel. The meeting was attended by 1 9 corporate investors, investment funds, and large securities firms in Vietnam. FPT Board of Directors answered in detail and straightforwardness all the questions of investors relating to activities by FPT’s member, its profit, and strategic direction of the Group.
11. Unifying production companies of FPT Trading
On 1st April, Elead Limited Company, FPT Distribution Company and FPT Mobile Company were unified under one name FPT Technology Products Company. The unification of these three units shall centralized all the production system of FPT Trading into one single node. Recently, the total personnel of the company is more than 400 people. The company shall focus on products made by FPT for the ICT industry including mobile phone, PCs, laptop, accessories, memory stick and USB.
12. FPT City Da Nang received its land
On 21st April, FPT Da Nang Urban Company received land for the first phase from Da Nang People’ s Committee. The granted area is 15 hectares out of the total 181 hectares of the project. The land is adhered to Phu My An area to the North, an inter district road to the South and the West and Co Vo river to the East with a total length of 200m by the river side. The general architecture of the project is hurriedly carried out by Skidmore, Owings & Merrill (S.O.M) (USA), and the world leading architect .
13. FPT exclusively distributes APC UPS
On 21st April, FPT Distribution and APC – the provider of power supply solution and cooling service signed cooperation agreement in the distribution of APC low UPS . Accordingly, FPT shall be the exclusive distributor of UPS coded Back-UPS ES 500VA, Back-UPS RS 500 AS, RS 650 AS and RS 1100 AS in Vietnamese market. These products are said to be suitable for households, and small and medium enterprises.
14. ANZ granted scholarship to FPT University students
On 21st April, the cooperation agreement on scholarship and internship program was signed between ANZ Bank and FPT University. Accordingly, the Bank shall sponsor the scholarships which worth US$ 2.500 each (in cash, equal to approximate VND 50 million) for students of FPT University. The scholarship shall be given to four excellent students on a yearly basis. The total value of the scholarship fund is up to US$ 40.000.
In addition to the scholarship, ANZ and FPT University discussed a plan, in which the university would send their students who major in Finance-Banking to the Bank for internship and seeking for job opportunities within the framework of “on-the-job-training” program lasting for eight months to one year .
15. TienphongBank increases saving interest rate to 11 . 5%/ year
On April 16 th , Tien Phong Commercial Joint Stock Bank decided to adjust the saving interest rate for individual customer to the highest level of 11 . 5%/ year. This rate is applied for the Multi Benefit package of 3+- month- term. Especially, the interest rate of e-saving (with minimum deposit of VND 1.000.000 VND) was adjusted to 11 . 42%/ year for 2+- month-term. This kind of saving has been selected by the majority of customer as it is convenient, time-saving and competitive .
16. TienphongBank mobilize s VND 7.000 billion
By 16 th April , TienphongBank had mobilized VND 7.000 billion, which is 50% higher than the plan for 2010. With this result, TienphongBank has affirmed the possibility of completion of the 13.150 billion-dong- mobilization plan in FY 2010.
Fore more information, contact :
FPT Hanoi
Ms Mai Lan Anh
Department of Communication and Community
Tel: 04 73007300
Fax: 04 7689067
HP: 0912081922
FPT Ho Chi Minh City
Ms Nguyen Thanh Nga
Department of Communication and Community
Tel: 08 73007300
Fax 08 73007388
HP: 0912413216
