Profit before tax in 10M2019 achieved VND 3,994 billion, exceeded the whole 2018

In 10M2019, revenue and PBT increased by 19.8% and 26.5% YoY, achieved VND 22,007 billion and VND 3,994 billion, equal to 83% and 90% of the 2019 targets. Especially, PBT in 10M2019 exceeded VND 3.858 billion of the whole 2018 year.

Profit after tax (PAT) and PAT attributed to parent company’s shareholders was VND 3,351 billion and VND 2,717 billion, up 26.0% and 27.7% YoY, respectively. EPS was VND 4,013 up 27.1% YoY. Moreover, the PBT margin was improved to 18.1% (17.2% in 10M2018).

Financial performance by sector: Technology sector’s PBT soared by 40.0% YoY

As a key growth diver of FPT, Technology sector recorded revenue and PBT of VND 12,410 billion and VND 1,707 billion, up 23.8% and 40.0% YoY, respectively. In which, the IT services from global market recorded revenue of VND 8,781 billion, up 31.4% YoY. PBT was VND 1,438 billion, up 35.6% YoY.

On November 13th, 2019, in Ho Chi Minh City, FPT announced the opening of its latest campus F-Town 3 – a complex of working office, research and development center for cutting edge technologies and solutions. F-Town 3 complex with the concept “Building in the Park” covers the area of 69,000m2 to accommodate 7,500 IT engineers.

F-Town 3 complex with the concept “Building in the Park” covers the area of 69,000m2 to accommodate 7,500 IT engineers

Telecom sector had its revenue up 16.4% to VND 8,458 billion. PBT was VND 1,462 billion, up 15.6% YoY. In which, Telecom services’ revenue and PBT reached VND 7,975 billion and VND 1,210 billion, up 16.7% and 19.4% YoY, respectively.

Financial performance by market: Overseas markets' PBT up 31.5% YoY

In 10M2019, overseas markets brought FPT with revenue of VND 9,246 billion, up 28.1% YoY and PBT of VND 1,546 billion, up 31.5% YoY. The overseas revenue and PBT contributed 42% and 39% to the Corporation's performance, respectively (In 10M2018, the proportions were 39% and 37%).