FPT raises capital for some of the subsidiaries, paying interim dividend for 2015

FPT Corp released the BOD’s resolution on charter capital increase of member companies and the first dividend payment in advance for the year 2015.

Specifically, the Board of Directors (BOD) of FPT Corporation approved the 1st dividend payment in cash 2015 with the yield of 10%.

The dividend yield in cash for the whole year 2015 will be decided at 2016 Annual General Meeting of Shareholders (AGM). The Corp also plans to gain 13% growth in revenue and 16% growth in profit before tax.

The record date is Aug 21. The payment date is Sep 9. FPT will spend more than VND 397 billion on dividend payment.

In addition, FPT’s BOD also approved the plan to increase charter capital of 3 member companies including FPT Software, FPT Trading and FPT Invest, to VND 700 billion, VND 680 billion and VND 800 billion respectively.

It was reported that after the first 6 months, FPT owned VND 19,328 billion in revenue and VND 1,350 billion in profit before tax. They respectively increased by 27% and 10% over the same period, completing 108% and 105% of 6-month plan. Profit before tax gained the year-over-year growth of 10%, finishing the 6-month plan. The net profit was VND 881 billion while EPS obtained VND 2,224 dong, increasing by 12% over the same period.