Overseas revenue up 30% year over year in seven months of 2016

In the first seven months of 2016, FPT has recorded consolidated revenue and profit before tax of VND 20,931 billion and VND 1,421 billion, equal to 93% and 100% of the year-to-date guidance, respectively. Profit after tax was VND 1,207 billion, equal to 101% of the YTD guidance. Profit after tax attributable to parent company’s shareholders was VND 906 billion. EPS was VND 1,976 after seven months.

The “Going global” strategy continued to serve as an important growth driver. In seven months, overseas markets showed encouraging result with VND 3,139 billion of revenue, up 30% year over year, and VND 428 billion in profit before tax, up 32% year over year. In which, the largest contribution was from the Software outsourcing segment with its revenue up 34% year over year.

Japan market, which is the largest overseas market of FPT, has delivered the highest growth rate in recent years with 53% year-over-year in VND term.

Besides, the Retail segment maintained its outstanding performance, increasing 33% in revenue and 39% in profit before tax, reaching 104% and 111% of the YTD target, respectively. The Retail segment was operating 334 shops as at the end of July 2016, and continued to gain more market share in smartphone, laptop and tablet categories.