FPT increases charter capital

The Corp just finalized the charter capital increase from VND 3,456 billion to VND 3,975 billion, up more than VND 500 billion. 

The amount has been reached after it issued additional shares to give new stock dividends to shareholders. Accordingly, the enterprise issued 51.8 million shares to pay dividends to shareholders at a yield of 15 per cent. The capital for dividend payment was taken from its undistributed after-tax profit. After the issuance, the total number of its shares increased to 397.5 million, equivalent to the charter capital of VND3, 975 billion. 

The retail sector is gaining good results.

Besides stock dividends, FPT shareholders received cash dividends at 20 per cent, equivalent to VND691 billion. The dividends were paid on June 12.

At the end of April, the company also issued more than 1.7 million employee stock ownership plan shares to its workers with notable contributions in 2014.

In the first five months of the year, FPT gained VND 15,962 billion in consolidated revenue, a 30 per cent increase over the same period last year. Its profit before tax reached more VND 1, 117 billion, marking a 12 per cent year-on-year increase, while its earnings per share got VND2,128, posting a year-on-year increase of 19 per cent.

The results were mainly contributed by Technology and Distribution and Retail. The Technology Division raked in VND2,778 billion in revenue, registering a 38 per cent year-on-year increase. The revenue from international markets was VND1,442, accounting for 52 per cent.

The Distribution and Retail sector recorded VND10,832 billion in revenue, marking a 34 per cent year-on-year increase. The retail segment saw a 66 per cent increase in accumulated revenue in comparison with the same period last year.

FPT's global revenue reached VND1,684 billion (USD 78million) in the first five months of 2015, posting a 54 per cent year-on-year increase.