Seven - month profit before tax up 19% yoy

In the first seven months of 2017, FPT recorded consolidated revenue of VND 23,587 billion, up 13% YoY, equivalent to 102% of the YTD targets. Profit before tax (PBT) was VND 1,686 billion, increasing by 19% YoY and equal to 102% of the YTD target. Profit after tax (PAT) was VND 1,426 billion, up 18% YoY.

Year-to-date PAT attributable to parent company’s shareholders was VND 1,086 billion, up 20% YoY. Year-to-date EPS was VND 2,050 in the seven-month period, up 19% YoY.

FPT’s earnings growth in seven-month period continued to be driven by the two core business sectors including Technology and Telecom, which accounted for 75% of the consolidated PBT of the group. Year-to-date PBT of the Technology and the Telecom sectors increased by 39% and 16% YoY, respectively.

During the reported period, FPT’s overseas markets recorded revenue of VND 3,649 billion, up 16% YoY, and PBT of VND 533 billion, up 24% YoY.

The Distribution and retail sector has achieved 101% of revenue and 103% of PBT targets for the year to-date, in which, the retail segment continued to perform outstandingly in the first seven months, with its YTD revenue up 29% and YTD profit before tax up 44% YoY.