FPT earned VND 1,426 billion of pretax profit in seven months
•
19/08/2013
After seven months, FPT earned a total revenue of VND 14,712 billion, increasing 11% compared to the same period last year, completing 109% and 55% of plan for seven months and the entire year, respectively. Profit-before-tax reached VND 1,426 billion, completing 102% of seven month plan, equal to 54% of year plan, representing an increase by 6% in comparison with the same period in 2012. Profit-after-tax was VND 1,180 billion and profit-after-tax of holding company was VND 882 billion, increasing 7% and 6% compared to the same period of the prior year and completing 53% of plan for six months and 52% for the whole year. Earnings per share (EPS) was 3,221 dongs, an increase of 5% compared to the same period last year (calculated on the adjusted volume of stock) to accomplish 52% of the year plan.
Technology and Telecommunication accounted for the most proportion in the profit pie at 76% and had significant growth in comparison with last year. Technology-related businesses include Software, System Integration and IT Services, the cumulative progressive turnover and profit of which increased by 21% and 29%, respectively. Telecommunication business including internet services and digital content grew by 12% in revenue and 9% in profit.
Recently, FPT Software won a million-dollar Cloud Computing contract in U.S. In this project, FPT Software for the first time participates in all phases from consulting, design to deployment. To date, this is the biggest cloud computing project FPT Software has ever deployed. Since 2012, FPT Software has made positive moves to research Cloud Computing which is expected to become a remarkable contribution with strong growth potential. At present, FPT Software expects to deploy the service in the U.S. market and then expand its supply to other markets. By July, FPT’s software export revenue in the U.S. has increased by 61% in comparison with the same period of last year.
Highlighted activities in July
Bui Quang Ngoc appointed as the new CEO of FPT Corporation
FPT Corporation announced that Bui Quang Ngoc, who keeps a Ph.D. in database, has been appointed CEO of the group by its Board of Directors. Dr. Ngoc is one of the founders, currently working as the Vice Chairman, of FPT.
Explaining the reason for the appointment, FPT Chairman Truong Gia Binh said: “The assignment of the new CEO aims to separate the roles of Chairman of the Board and the CEO to comply with modern managerial standards and improve the company’s performance”.
FPT spent a given time finding suitable candidates for the CEO position both inside and outside the group. Mr. Bui Quang Ngoc was chose to be the new CEO for his thorough understanding of the group and exceptional talent in corporate governance. The Chairman Mr. Truong Gia Binh thought that it was the different characters between him and the new CEO that would help perfecting the joint work.
Being one of the founders of FPT Corporation, Mr. Bui Quang Ngoc has been keeping Vice Chairman of the Board of Directors since 2002. Mr. Ngoc was a classmate of Mr. Binh at the Mathematics high school of the National University in Vietnam. He obtained undergraduate degree on Mathematics from Kishinhov University, the Republic of Moldova in 1979 and doctorate degree in Database from Grenoble University in France in 1986.
FPT upgrades software for the Customs
On July 16, FPT IS has announced the release of FPT.eCustoms software under a new model for the business. The newly-launched FPT.VNACCS software, specially designed for Vietnam Automated Cargo Clearance System – VNACCS, is expected to put into operation nationwide in the second quarter next year.
FPT.VNACSS deployment cost is quite reasonable, thanks to built-in digital signature (FPT.CA) and no charge according to the number of computers. Besides, enterprises only need download the software for use due to its tiny size and automatic upgrade rather than install it into computers.
FPT.VNACCS provides transportation and logistics companies with full 128 customs declarations. The software supports the work of management in all 3 phases including before, during and after customs clearance. In addition, linked data between stages helps avoid re-entering the same information (goods, invoice etc). FPT.VNACCS also supports automatic calculation of taxes during the disclosure of goods information as well as adopts alternative forms of tax payment through banks. The software also features automatic reconciliation in term of alternative forms of tax payment through banks and joint guarantee.
FPT attends the ICT workshop in Myanmar
In the morning of July 26, the ICT workshop was jointly organized by the Association of Vietnamese Investors in Myanmar (AVIM), Bank for Investment and Development of Vietnam (BIDV) and FPT Corporation at Sedona Hotel in Yangoon, Myanmar.
Chairman of National Assembly Nguyen Sinh Hung, accompanied by Parliament’s delegation, attended and addressed the conference. The event was an opportunity for state leaders and enterprises from both countries to discuss cooperation prospects in order to get IT to become a new development pillar of banking and finance sector in particular and Myanmar’s economy in general.
Today, IT plays an essential role in all economic sectors, especially in the field of banking and finance. During 25 years of construction and development, FPT always considers banking and finance sector as one of key customer groups. It has been providing plenty of high-quality products and services specializing in Core Banking (Smart Bank), Payment Gateway and Mobile Banking.
Accordingly, Chairman of FPT in Myanmar Mr. Hoang Minh Chau thought that banking and finance sector was facing great opportunities for rapid growth. "I hope FPT will help Myanmar’s banks boost IT applications to their activities as successfully as we have done in banks of Vietnam, Laos and Cambodia".
Telecommunication
FPT launches FPT Play HD
On July 13, FPT Play HD, researched and self-developed by FPT Telecom, was introduced to customers. For the first time, FPT Telecom has launched a HD projector with built-in HD TV and many other content applications.
FPT Play HD includes a Set-top box, a controller and accessories. Besides its modern and tiny design, the product projects images with superior quality according to Full HD standard and 7.1 surround sound with the most advanced audio coding standards such as DTS, Dolby Digital. VoD service (Video on Demand) will be totally in HD.
Upon being connected to the Internet, FPT Play HD will transmit to TV a menu of news and entertainment channels including televisions, movies on demand, movie download service, subtitles, and online films from the online film-sharing communities. Thus, users can access a rich store of online movies without separate storage devices.
FPT Play HD provides two more HD channel packages
FPT Telecom officially launched two channel packages including VTVcab HD and VTC HD through the FPT Play HD decoder on July 14. This is the result of cooperation between FPT Telecom, VTVcab and VTC Digital in providing customers with class A HD TV services at the most favorable price.
VTVcab HD channel package consists of 18 channels including 16 SD channels and 2 HD channels while VTC HD channel package consists of 20 channels including 15 SD channels and 5 HD channels. Customers will be offered attractive prices as follows: VTVcab HD package: VND 30,000/month; VTC HD Package: VND 27,300/month; HD Premium Package: VND 140,000/month (excluding 10% VAT).
Software
The Young Business Association visit FPT Software
The Young Business Association (YBA) in HCMC visited and exchange views with FPT Software in the morning of July 25 at the F-Town building, District No.9, Ho Chi Minh City. Director of FPT software in HCMC Nguyen Duc Quynh and Vice Director Tran Duy Vinh accompanied by staffs welcomed the delegation among a solemn and intimate atmosphere.
The experiences and development on business outsourcing of FPT Software were shared by Mr. Quynh. In order to gain today’s achievements, FPT Software experienced many challenges during the early days of operation in the field of software technology and software outsourcing, which many great firms all over the world were playing in, with little knowledge and experience. In addition, Mr. Quynh also introduced the FPT culture with STCo as an indispensable source of spiritual food for FPT staffs in general and FPT Software in particular to the visitors.
System integration
FPT provides book-keeping service for NICE
In late June, FPT IS BPO signed the outsourcing contract to provide book-keeping service for NICE Corporation, the leading designer and constructor of traditional stand-alone houses in Japan.
The VND 11-billion project, expected to finish within three years and four months, will contribute to increasing the unit’s revenue by 50% per year. This contract has marked significant growth of FPT IS BPO, especially its matured book-keeping skill for Japanese customer and its readiness to offer BPO services for new clients in a short period of time. The BPO operations will be performed daily at the newly-built office of FPT IS Da Nang by a team of 12 staffs which is expected to increase 2 to 3 times in the future.
FPT attends Worldwide Partner Conference 2013 – WPC 2013
On behalf of FPT Co., Deputy CEO of FPT IS Mr. Phung Viet Thang attended the Worldwide Partner Conference 2013 (WPC 2013) by Microsoft in Houston, the U.S. in the middle of July.
This annual event aims to honor achievements of Microsoft partners globally. The main issues of the workshop include cloud computing, big data, devices and mobility and social enterprises. During the 4 days of the conference (from July 7 to July 11 2013), participants listened to opinions of leaders from many countries around the world as well as their valuable analysis and assessments on current information technology trends.
In particular, the report by International Data Corporation (IDC) – an American market research, analysis and advisory firm - said that the adoption of cloud computing technologies helped businesses increase their overall revenues by more than 50% besides the remarkable growth of customers and profit. WPC 2013 also provided some orientations for the next fiscal year of Microsoft.
FPT announces strategic partnership with Aspect Software in Vietnam
Recently, Aspect - a leading provider of customer contact and Microsoft platform solutions - chooses FPT IS as its strategic partner in the Vietnamese market.
As more businesses in the region start to recognize the growing role of the contact center as the center of the customer experience, there will continue to be an increasing trend for businesses to invest in interaction management platforms to optimize every interaction with their customers and foster winning relationships. That is the reason why Aspect chose FPT IS as its strategic partner in Vietnamese market.
With Aspect’s Customer Interaction Management solution, FPT IS will offer businesses in Vietnam the ability to consolidate and streamline all customer conversations on one platform by the end of 2013. This added offering is in addition to FPT IS’s current areas of expertise, including software development, system integration, and IT services.
FPT IS upgrades Oracle ERP for Dien Quang Lamp
On July 24, Dien Quan Lamp JSC announced that the company planned to upgrade the Oracle ERP system with the support of FPT IS ERP Services Co. Ltd. The upgrade of the Oracle ERP worth more than VND 15 billion includes software licenses, hardware infrastructure, consultation and implementation services.
Primary modules of the system are Financial, Purchasing, Order Management, Inventory, Oracle Process Manufacturing, Human resource - salary management, and Oracle Business Intelligence Applications. Once upgraded, the system would be implemented for four factories, four member companies and two joint venture companies of Dien Quang Lamp. The upgrade expected to be completed between late 2013 and early 2014.
Digital content
Alpha Test officially opened unlimited accounts
On July 16, Alpha Test officially let accounts opened unlimitedly, ending its one-week success. The impressive figures such as 50,000 active accounts, 20,000 CCU and 15 Alpha Test servers marked the perfect beginning of this class game. In the next version, the heroes will be free to experience Alpha Test under the “three not” criteria: not reset account anymore, not code for activation and not limit accounts.
Alpha Test also updated more new features such as increasing its character limitation up to 70, opening Phong Van mission system and adding new Cai Bang Truc Lam map held by the world boss Hong That Cong etc.
As the level 70 was opened, players had the opportunity to discover a series of new excellent skills such as Giang Long Thap Bat Chuong (62), Co Nhuoc Kim Thang (65), Su Tu Hong (level 66), De Ho Quan Dinh(69) ... as well as upgrade Canh Gioi and Thanh Tuu classes.
Te Thien Server meets gamers’ expectations
On July 26, Te Thien server has officially been operated in Tien Ky Game and become a pioneer server among continuous innovation by FPT Online publishers as it quickly attracted thousands of players only after a few days of launching.
FPT Online recorded the crowd and noisy atmosphere in18th server of Tien Ky right at the first hours. The fact that Q & A sessions were continuously sent to the Executive Board has proved attraction of the outstanding 3D game in Vietnamese market.
In order to create a balanced environment for players to compete fairly, Te Thien server decreased a rage of "lucrative" gifts and increased community events to encourage competition and understanding on the game of players such as enjoying endless benefit, boundless fighting force, best forerunner besides a gratitude code and a VIP code by types of mini games in the fanpage.
Education
FPT Aptech collects VND 2 billion for scholarship fund
On July 8, FPT Aptech - International Programmer Training Centre under FPT University officially started the program “2013 FPT Scholarship Fund for Young Talents” with the direct scholarships of up to VND 1 billion. This program is for students having graduated from high schools who wish to follow the international programmer courses at FPT-Aptech. This plays role as a training and recruitment resource of high-quality labor force for FPT.
Students graduating from high schools in 2013 across the country can register your participation. Upon your registration, you will receive an interview appointment of FPT-Aptech. Evaluation is based on criteria including passion for IT, education and family circumstance.
Basing on the interview results, applicants will be considered for scholarships including 40 level 1 scholarships equivalent to VND 8.4 million per each; 60 level 2 scholarships equivalent to VND 4.2 million and 100 level 3 scholarships equivalent to VND 1.4 million.
FPT High School organized the second entrance exam to 10th grade
In the morning of July 14, FPT High School organized the second entrance exam to the 10th grade of FPT High School.
The first entrance exam took place on June 2 with more than 400 applicants. Standard score for the first exam was 30/45.
Examinees who won the first prize in the gifted education exams of provinces or cities for grade 9 students with excellent results in the IQ test will be given scholarships worth 50% of tuition fee for three school years. Those who have 43 scores will be considered for scholarship.
FPT Students invest in book business
In the morning of July 17, the team of 7 FPT students officially founded Coc Book JSC in Ho Chi Minh City (website: www.cocbook.vn) in order to help preserve and promote reading culture in the community.
Inspired by the project "100 Bookshelves during Tiet thuc” of FPT University to give books to the poor especially children in the remote areas, 7 young members decided to found the company. Currently, Coc Book has become a partner of 13 major publishers. At the same time, it has provided more books for schools and residential areas in the city.
In addition, Coc Book held book buffet Market Summer 2013 from 23 to 25 July 2013 at HCMC Exhibition and Display House (No. 92 Le Thanh Ton, District 1) under a fair model with more than 10,000 books from 13 publishers. This event will be held every month by Coc Book to form the reading habit of the young.
FPT University cooperates with Korea’s Soongsil University
On July 24, the signing ceremony of cooperation agreement between FPT University (FU) and Soongsil University took place at FU’s base located in Hoa Lac, Hanoi. At the signing ceremony, the two sides discussed such important issues as student exchange, establishment of FPT-Soongsil Information Technology Training Center, MSC Affiliate Program and short-term training courses for Korean students. Specifically, in term of student exchange, the two sides agreed to receive 4 students per semester (2 ones for bachelor degree and 2 ones for higher education degree). The first FPT students will start studying in Korea for the Spring 2014semester.
Soongsil University, founded in 1897, is the oldest university in Korea. It is listed in the top 200 universities in Asia with diverse majors. During its 100 years of operation, Soongsil University seriously considers practice in training programs and students as key of the development.
Sixteen IT enterprises recruit at FPT University
On July 27, FPT University held the Career Day for its students with hundreds of positions offered. This is included in the strategy of bringing students closer to business by FPT University.
Participating in the FU Career Day, sixteen major IT companies in Vietnam including Niteco, Harvey Nash, EVN, Clever Ads, Viettel, Gameloft, FPT Software etc. offered about 400 job opportunities for FPT students. The recruitment table of each company was arranged so logically that each student had the opportunity to be interviewed by employers. It is also an occasion for students to speak directly with employers for better understanding of the job requirements or characteristics of the company.
The FU Career Day was aimed at enabling students to get both overall view and details of the job market, recruitment trends and requirements of today's IT industry. CEOs along with senior personnel from such prestigious IT companies as FPT Software, Rikkei Soft, and Smart OSC shared much useful information with students.
Retail and distribution
FPT Retail launch the 7th Apple store at Royal City, reaching 76 stores
In the morning of July 26, FPT Retail officially kicked off the 7th Apple store among high-end shops authorized by the Apple to sell their authentic state-of-the-art products at Vincom Mega Mall Royal City, Hanoi.
The store was located at the address of R4-49-50, B2 floor of Vincom Mega Mall Royal City (on 72A Nguyn Trai Street, Thanh Xuan, Hanoi) – the largest commerce super- center in Vietnam with a food street of more than 200 restaurants as well as a large, modern and unique entertainment system.
Up to now, F.Studio by FPT Retail in Royal City has been the largest Apple store with an area of 200 square meters, located in the major commercial center and the most densely populated area. According to Mr. Ngo Quoc Bao, Apple Director of FPT Retail, Vincom Mega Mall Royal City is such a potential and attractive center that a large number of customers will gather here in the near future
The newly-launched Apple store has increased the number of shops FPT Retail possesses to 75 ones, seven of which are run by F.Studio.