FPT to boost investment and services in overseas market
Hanoi, April 06, 2013- the FPT’s General Shareholder Meeting (GSM) approved the payment of cash dividend for 2013 to account for 20% of par value (2,000 dongs per share). The cash dividend for the entire 2013 would be decided by the GSM 2014.
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09/04/2013
The GSM 2013 also approved reports by the Board of Directors, Supervisory Board, the plan and budget of the Supervisory Board, salary for the Board of Directors, and issuance of bonus shares for outstanding employees. Mr. Truong Gia Binh, FPT Chairman, continued to be the group’s CEO. The payment of cash dividend for 2012, which accounts for 20% of par value was also approved and would be paid in two times in 2013.
2012 was really a difficult year for the domestic economy. However, with appropriate strategies and efforts, FPT finished the year with the revenue and profit-before-tax of VND 25,350 billion and VND 2,407 billion, respectively. Profit-after-tax of parent company reached more than VND 1,540 billion. FPT has entered Top 10 public company with largest profit to earn 5,665 dongs per share. This is also one of the five highest EPS among VN30 companies.
The macro-economy in 2013 was predicted to remain difficult. The GSM approved the business plan to earn VND 26,926 billion in revenue and VND 2,646 billion in profit-before-tax. The revenue expected to increase greatly in FPT’s core businesses including software development, IT services, telecommunications, and digital content were 19%, 18%, 15% and 18%, respectively.
In 2013, FPT plans to introduce a wide range of new products and services, exploiting better the traditional market in every business fields. In software outsourcing, FPT will expand new services such as: Mobility, Cloud Computing, and BPO. For domestic software market, FPT will boost the development of its own core applications for various industries.
In regards of telecommunications, FPT plans to expand its presence in more than 50 cities and provinces in 2013. The company also pays attention to investment in development of new services such as advertizing network, e-commerce and e-payment to accelerate the growth of digital content. In IT services, FPT will introduce new services, focusing on project consultation, system design and leasing of IT system.
In addition to introduction of new products and services to better fill up the market share, in 2013, FPT will promote its business in overseas market to grasp opportunities and minimize risks amid challenges of the domestic economy. At the same time, FPT will foster R&D activities to create and enhance made- by- FPT products which have been trusted by the domestic customers. The company’s Board of Directors decided to invest 5% of profit-before-tax in R&D activities.
