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Tuesday, July 22, 2025

FPT gains hefty profit in H1

The Saigon Times

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HCMC – FPT Corporation, whose FPT shares are listed on the Hochiminh Stock Exchange, posted impressive financial results in the first half of the year, with its before-tax profit reaching nearly VND6.2 trillion, up 18.5% year-on-year.

Its revenue in the first six months of the year reached nearly VND32.7 trillion, up 11.4% versus the year-ago period.

The technology sector, including both domestic and global IT services, continued to play a key role, contributing 61% of the group’s revenue and 46% of its before-tax profit, equivalent to VND20.1 trillion and VND2.8 trillion, respectively.

Amid ongoing global economic challenges, revenue from global IT services maintained growth of 14.4%, reaching VND16.7 trillion, while before-tax profit rose by 16.6% to VND2.7 trillion.

Digital transformation revenue from global markets reached VND7.8 trillion in the first six months of 2025, up 15.8% year-on-year, driven by advanced technologies such as cloud and AI/data analytics.

Meanwhile, domestic IT services recorded revenue of VND3.5 trillion, down by a slight 1.3% year-on-year. The Made-by-FPT product ecosystem continued to grow strongly, generating VND 1,148 billion in revenue.

Closing the trading session today, July 22, FPT expanded by 1.63% day-on-day to VND112,100, with around 6.9 million shares changing hands.

On the southern exchange, the VN-Index climbed 24.49 points, or 1.65% against yesterday’s session, at 1,509.54 points, with 224 winners and 103 losers.

More than 1,289 million shares worth VND33.7 trillion were traded on the market, down 12% in volume and 5% in value compared to the previous session. Block deal transactions contributed over 62.7 million shares valued at VND3.3 trillion.

The real estate stock group rebounded strongly with an overall increase of 3.2%. Notably, major contributors driving the VN-Index upward were key members of the Vingroup family, with VIC rising by 4.9%, VHM up 3.9%, and VRE gaining 3.5%.

Several mid- and small-cap stocks in the real estate sector also had a positive session. GEX and SJS hit their ceiling prices, while SCR jumped 4.4%, VGC rose 3.9%, VPI gained 3.5%, and the DXG–DXS duo both advanced over 3%.

On the northern bourse, the HNX-Index added 2.06 points, or 0.84% day-on-day, at 247.85 points, with 106 advancers and 69 decliners. The total trading volume reached 150 million shares, valued at VND2.7 trillion.

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