FPT earned more than VND 20,500 billion in revenue and VND 2,022 billion in profit in 2010
The FPT Corporation finished the ups-and-downs 2010 withthe profit-after-tax of VND 1,691billion, completing 99% of plan and increasing 20% compared to 2009.After-tax-earning of parent company reached more than VND 1,263 billion, a 19percent unit increase over a year ago. Earning per share was 6,598 dongs,representing an 18 percent increase compared to the previous year.
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21/01/2011
In 2010, FPT earned more than VND 20,516 billion inrevenue, growing 9.5 percent in comparison with 2009. Pretax profit broke VND2,000 billion record to more than 2,022 billion, an increase of 19 percent overa year ago, completing 95 percent of plan.
FPT also paid VND 3,920 billion of tax in 2010, noting a 29,5percent rise compared with 2009. By the end of 2010, there have been 12,300people working for the company.
| Order
| Items
| Y2009
| Y2010
| Increase over a year ago
| Year plan completion
|
| 1
| Net revenue
| 18,741.7
| 20,516.6
| 9.5%
| 90%
|
| 2
| Profit-before-tax
| 1,697.5
| 2,022.1
| 19.1%
| 95%
|
| 3
| Profit-after-tax
| 1,405.9
| 1,691.2
| 20.3%
| 99%
|
| 4
| After tax profit of parent company
| 1,063.3
| 1,263.0
| 18.8%
| 99%
|
| 5
| Average earning per share (VND)
| 5,606.7
| 6,598.0
| 17.7%
| 99%
|
Table: Business result of FPT in2010 (Unit: billion dongs)
FPT attributed this positive result to its core businessdomains including information technology and telecommunication and the effortto sell technology products during the past year.
In systemintegration, software solution and IT services, FPT Information System gained a revenue of about VND 3,250 billion, agrowth of 8% compared with 2009. Profit-before-tax was VND 484 billion, representing a 17% increase from the same period of prioryear and completing 101% of year plan .
Regarding software outsourcing, FPT Software sawmore than VND 1,000 billion in 2010, growing 34% when comparedwith a year ago with the profit of over 230 billion dongs.
Intelecommunication business, the revenue of FPT Telecom reached over VND 2,450billion, a 5% risecompared with the same period last year. The company earned 601 billion dongs over the year.
In distributionand manufacturing technology product, FPT Trading Groupachieved a revenue of VND 13,339 billion, increasing 5% more than a year ago.Pretax profit was VND 411 billion, a 1 3% increase overthe same period last year.
In training, the revenue of FPT University was VND 279 billion, a surgeof 59% compared to the same period of prior year. Profit reached 102 billion,completing 120% of plan.
FPT Corporation expects a revenue and profit of VND 24,500billion and 2,420 billion respectively in 2011, both at 20% growth comparedwith 2010.
