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FPT earns VND2.1 trillion in pre-tax profit in Q1

The Saigon Times

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HCMC – FPT Corporation (stock code: FPT) posted first-quarter revenue of over VND11.6 trillion, up 20.1%, and pre-tax profit of VND2.12 trillion, up 19.2% over the same period last year.

The software developer also announced VND1.8 trillion in after-tax profit, up 17.6% year-on-year.

FPT Corporation generated around VND6.8 trillion, VND3.7 trillion, and VND1.04 trillion in revenue from its technology, telecommunication, and education activities, increasing by 21.3%, 9.2%, and 69.7%, respectively.

This corporation experienced revenue growth in all markets between January and March, particularly a rise of 31.2% in Japan and 65.7% in the Asia-Pacific (APAC) region.

During the first quarter of 2023, FPT Corporation received many large orders from foreign markets, including six projects with a scale of over US$5 million each.

FPT closed the trading session today, April 20, up 0.13% from the session earlier at VND79,400 and reported a matching volume of 364,400 shares.

Regarding the stock market today, with 179 gainers and 176 losers, the VN-Index of the Hochiminh Stock Exchange added 0.27 points, or 0.03%, at 1,049.25 points.

Trade on the southern bourse totaled over VND6.62 trillion worth of 373.7 million shares, down 32% in value and 34% in volume over the previous session, including 41.1 million shares valued at VND990.2 billion traded in block deals.

Lender SHB took the lead by liquidity, with over 20.7 million shares transacted.

On the Hanoi Stock Exchange, the HNX-Index added 0.76 points, or 0.37%, to 206.61 points, with 94 winners and 82 losers.

The total matched trading volume reached 65.1 million shares, with a value of over VND856.5 billion.

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