FPT spends more than VND 397 billion on 1st dividend payment

FPT Corporation will pay the1st interim dividend at the rate of 10% per share (one share will receive VND 1.000) on September 9. Accordingly, the dividend will be applied to both common stocks and preferred stocks to employees. The capital for the dividend payment comes from undistributed after-tax profit.

 

Earlier, FPT also recently completed increasing the charter capital from VND 3,456 billion to VND 3,975 billion, a rise of more than VND 500 billion. The amount was reached after the company issued additional shares to pay the stock dividend to shareholders. In late April, FPT issued more than 1.7 million ESOP shares for employees with remarkable achievements in 2014.

 

FPT will spend more than VND 397 billion on this dividend payment

 

In 2014, in addition to the 15% stock dividend, FPT shareholders received a cash dividend at the rate of 20%. The cash dividend payment was made on June 12. 

 

In 2015, FPT planned 13% revenue growth, respectively 16% pre-tax profit rise.

 

After the first 7 months of 2015, FPT earned VND 22,535 billion in revenue, an increase of 26% yoy. Profit before tax reached VND 1,536 billion, up 10% over the same period last year. Profit after tax of the parent company reached VND 990 billion, up 12% yoy. Earnings per share (EPS) reached VND 2,498 dong, up 11% yoy. 

 

The technology sector, including Software development, System integration and IT services segments delivered VND 4,138 billion in revenue, a 32% increase and VND 443 billion in profit before tax, a 19% increase over the same period. Telecommunications sector, including telecom services and digital content segments recorded revenue growth of 9% and an increase in profit before tax of 4% yoy, reaching VND 2,996 billion and VND 632 billion, respectively. Telecom services, which contributed 93% to Telecom sector’s revenue, pegged 29% earnings growth yoy.

 

For the Distribution - Retail sector, revenue and PBT increased by 28% and 37%, yoy, reaching VND 15,074 billion and VND 422 billion, respectively. PBT of the Retail segment grew by 297% over the same period in 2014.

 

The globalization strategy maintained impressive results for the first 7 months with VND 2,517 billion, or USD 116 million in revenue, a 46% growth yoy. All markets witnessed the good growths, especially Europe with some 169% growth in revenue.