FPT’s revenue increased by 23% in 2014
FPT Corp just announced the business result of 2014. Profit-after-tax was VND 2.075 billion, increasing 0.5% compared to the previous year. Profit-after-tax of holding company was VND 1.628 billion, increasing 1.3% compared to 2013. Earning per share (EPS) was VND 4,735 , an increase of 1.1%.
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31/01/2015
According to r epresentative of FPT Corp, omitted online game activity and difficulties of domestic IT market affected the overall profit growth in 2014.
However, global expansion orientation continued to bring about positive results. Revenue from global activities was estimated at VND 3,684 billion, up 37%. Particularly, the key markets grew approximately 40%. Profit-before-tax of this segment was VND 584 billion, an increase of 13% compared to 2013.
In 2015 the domestic IT industry is considered to get some good signals: large-scale contracts rise again, businesses start to spend again. The number of signed contracts for deployment in 2015 was also increased. Besides, the international market with annual IT spending in excess of USSD 1,000 billion will continue to be an unlimited opportunity for FPT’s global strategy.
At the same time, the SMAC trend will create great opportunities for service companies as according to many research companies, the services relating to these trends will create a market worth hundreds of billions of dollars, and generate millions of jobs in the future. It is a key element to expect that the technology block would gain impressive growth in 2015. In addition, FPT will adjust the inefficient businesses, continuing to expand the retail chain in 2015 with a profit expected to triple.
With the premises achieved in 2014 and the positive signals from the market, on January 28, FPT’s BOD met and approved the business plan for 2015 with expected revenue at VND 39,600 billion, up 13 % compared to 2014. Profit-before-tax is expected to reach 2.850 billion, up 16% compared to 2014.
