For Ten Consecutive Years, FPT Has Been Honored In The Top 50 Best Listed Companies

FPT was one of nine companies with ten times in the list of the Top 50 listed companies voted by Forbes Vietnam, announced on June 6.

According to Forbes Vietnam, the total profit after tax of the companies on the list reached VND 193,183 billion, up 10.7% compared to 2021. Their total revenue reached VND 1,192,754 billion.

After ten years of listing, 138 companies were honored, of which nine presented ten times, including FPT, Bao Viet, Hau Giang Pharmaceutical, Hoa Phat, Masan Group, REE, PV Gas, Vinamilk, and Vietcombank.

Forbes Vietnam commented that last year, FPT - the leading technology corporation in Vietnam - had brought its revenue back to over VND 30 trillion for the first time since its divestment from the retail segment in 2017. In addition, the company also reached a remarkably high profit of VND 4,337 billion, an increase of 20% compared to 2020.

The technology sector contributed 58% of revenue and 44% of profit, helping maintain its position as the critical business area of the corporation. Notably, the software outsourcing segment accounted for the most significant proportion of profit with more than 38%, reaching VND 2,483 billion. Revenue from the US market increased sharply by 52%, reaching VND 4,369 billion thanks to a significant contribution of 19 large projects valued at over US $ 5 million each.

The digital transformation (DX) services contributed an increasing proportion to FPT's revenue structure, with VND 5,522 billion - an increase of 72% year-over-year. Success from DX services also helped raise the total IT service revenue from overseas markets to VND 14,541 billion and profit to VND 2,423 billion, increasing 21% and 23% compared to 2020.

"Last year, the significant highlight of FPT was handling transaction congestion on the HSX. The team of technology, securities finance experts, and leading engineers in FPT's IT and infrastructure fields joined hands to resolve technical issues of HSX with a "lightning speed" progress in 100 days. As a result, the system implemented by FPT has been deployed, transferred, and put into operation smoothly since July 2021, with capacity reached 3-5 times of the old system, handling up to 3-5 million transactions per day ", Forbes Vietnam wrote.