FPT pays 35% dividend for 2015

Shareholders approved the recommended dividend of 35% for 2015 including 20% of the dividend in cash (VND 2,000/share) and 15% of the dividend in stock at the 2016 Annual General Meeting of Meeting of FPT Corporation held on March 31, 2016.

31/03/2016

Shareholders approved the recommended dividend of 35% for 2015 including 20% of the dividend in cash (VND 2,000/share) and 15% of the dividend in stock at the 2016 Annual General Meeting of Meeting of FPT Corporation held on March 31, 2016.

It is for the 3rd consecutive year that FPT has maintained a dividend yield of 35% or more (2014: 35% and 2013: 55%).

10% of the dividend in cash was paid in the third quarter of 2015, the remaining dividend will be paid in the second quarter of 2016. In addition, 15% of the dividend in stock will be paid in the second quarter of 2016,

The shareholders approved the recommended cash dividend of 20% for 2016 (VND 2,000/share)

CEO FPT Bui Quang Ngoc made a report on the activities of the Board of Management in 2015.

The shareholders also ratified the business plan 2016 with 14.5% revenue growth, 10.5% growth in profit before tax, equivalent to VND 45, 796 billion and VND 3,151 billion. Technology - Telecommunications will continue to be the key sectors and expected to grow 35.6% in 2016.

In 2015, FPT obtained two-digit growths with VND 2,851 billion in before-tax profit, a year-on-year increase of 15.9 percent. The revenue reached VND 40,003 billion, a year-on-year increase of 13.9 percent. EPS was VND 4,386, increasing by 17.8%.

The key business sectors helping with a good growth rate include Technology (25% profit growth), Telecommunications (12%) and Distribution - Retail (24%). This will continue to be an important platform for the group's growth in 2016.

About FPT:

Nearly 28 years after its establishment, FPT is now Vietnam’s leading ICT firm in the private sector with nearly 27,000 employees; contributing to the success of such key areas as Public Administration; Banking & Finance; Telecommunications, Transport, Health, Education etc.

FPT has also confirmed its position globally when the company presents in 4 continents, 19 countries and has over 400 customers/partners including many giants. In 2015, FPT was ranked among ‘Asia 300’ companies of Nikkei Asian Review, The Global Outsourcing 100 of IAOP and honored the best company for corporate governance by financial publication Asia Money.