Multi-color picture of FPT

On November 4th, an online investor conference Q3 2014 was held at two locations of Hanoi and HCMC with the participation of more than 60 investors. Deputy General Director of FPT Corporation Nguyen The Phuong and leaders of member companies answered many questions of shareholders.

More than 60 investors in both regions participated in the program.

After the first nine months, FPT's revenue increased by 21% while pre-tax profit fell slightly as this year, the Corp invested in so many categories that expense from profit before-tax, interest and depreciation increased by 8%. "Basically, the financial indexes are relatively well-maintained," said Phuong.

For technology, software development soared by 26% over the same period, especially software export increased by 30%, a remarkable contribution of which was made by the M&A with RWE IT Slovakia 7 months ago.

For systems integration and IT service, though the growth was not as good as expected, FPT won many major contracts. However, these projects would be deployed in long time.

Besides, the orientation of exporting software to developing countries of FPT was on track and gained some initial successes with USD 25 million in revenue from signed contracts after 9 months.

Telecommunications still showed its key role with 18% revenue growth. Keeping optical fiber campaign, FPT Telecom expected to gain as much profit as last year. In long time, when the depreciation ends, benefit from this investment will bring about growth.

For retail, FPT Retail fulfilled all criteria in 2014. Up to now, the company has reached 150 FPT Shops nationwide. It planned to possess from 155 to 160 shops by the end of this year. It is expected that FPT Retail will earn a good business result in 2015.

Distribution, education and online advertising were still maintained as planned. FPT was more likely to exceed planned revenue and gain as much profit as the same period.

As the clear business results, investors paid attention to telecom, software and distribution. Most of the questions related to infrastructure investment, expense for ‘made by FPT’ products, FPT IS’ projects and development activities of FPT Software.

Answering the questions about FPT Telecom’s infrastructure investment, CEO Nguyen Van Khoa said the company expected to spend VND 1,100 billion on the optical fiber campaign. Currently, the campaign was being performed in Hanoi and HCMC. Then, it would be deployed in neighboring provinces.

In addition, FPT Telecom also focused on pay TV with the strategy of offering high-tech products as a core value. "In the past 3 months, IPTV consumption rate increased dramatically. This segment is expected to contribute 25%-30% to the total revenue of FPT Telecom," stated the CEO of FPT Telecom.

The representative of Techcom Capital Mr. Nam Anh said that that it was understandable that the economic situation affected the business activities. However, he hoped that in several last months there would be many positive changes from slower-than-planned units.