In the first 10 months of 2017, FPT Corporation's after-tax profit reached VND2,226 billion (US$98.1 million), of which 72 per cent is accounted by the technology and telecom sectors.
FPT Corporation. Photo: FPT
According to FPT Corporation’s report, in the first 10 months of 2017, the Corporation’s consolidated revenue reached VND 34,966 billion (US$1.54 billion), a 10 per cent year-on-year increase.
FPT’s pre-tax profit reached VND2,645 billion (US$116.57 million), up 14 per cent year-on-year. Profit after tax reached VND2,226 billion (US$98.1 million), an 11 per cent increase over the same period last year.
FPT’s profit growth in the first 10 months was mainly contributed by two core sectors, namely Technology and Telecommunications, accounting for 72 per cent total profit.
Specifically, pre-tax profits of Technology and Telecommunication sectors showed an increase of 12 per cent and 8 per cent respectively over the same period last year.
FPT's overseas market earned the revenue of VND5,473 billion (US$241.2 million), an increase of 16 per cent compared to the same period in the previous year.
Pre-tax profit reached VND 850 billion (US$37.46 million), up 19 per cent year-on-year, accounting for nearly one-third of the Corporation's profit.
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