FPT Trading Group targets at US$ 1 billion of revenue by 2012
Finishing the Fiscal year 2009, which was foreseen to bring with difficulties, by huge effort spent for operation and management, the revenue completion of FPT Trading Group (FTG) reached 117% of the plan, increasing by 10% compared to 2008. The total profit completed 131% of the plan, increasing by 12% compared to 2008. Profit-before-tax is accomplished at 124% as planned, adding 2% im comparison with the previous year; the profit-after-tax increased by 6% compared with 2008.
•
25/03/2010
Business lines completed the target at relatively high level: IT (118%) and Retail (122%), which maintains at good growth rate of 34% and 70% respectively. The continuity of revenue growth over the year has helped FTG reserve the safe distance with other distributor.
In 2010, one of the aspects that FTG pays special attention to is the restructure of distribution model to improve the efficiency, utilize the strength of member companies and increase the proportion of products made by FPT. The company shall gradually move from distribution to production, marketing and distribution of technological products.
According to General Director Nguyen Trung Thanh, “FTG should build an integrated system from trademark, production to distribution to keep things under full control” said he.
It is expected that with changes made in organzational structure and business direction, the new target FTG should hit by 2012 is the revenue of US$ 1 billion.
