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Tuesday, June 25, 2024

FPT has new deputy CEO

The Saigon Times

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HCMC – FPT Corporation (HOSE: FPT) has announced the appointment of Pham Minh Tuan as deputy chief executive officer (CEO), with effect from today, March 13.

Tuan, who is currently CEO of FPT Software, will assume additional responsibilities in his new role.

In his expanded role, Tuan will oversee global business operations across FPT’s subsidiaries, focusing on strategic areas such as cloud services, artificial intelligence (AI), semiconductors, automotive software technology, infrastructure management (IMS), and green transformation.

During his tenure as CEO of FPT Software, Tuan made certain milestones, especially US$1 billion in revenue from international markets in 2023.

Tuan has held various senior positions in the FPT ecosystem.

FPT Corporation last year made VND52.6 trillion in revenue, up by 19.6% year-on-year, and VND9.2 trillion in pre-tax profit, up by 20.1%. Its profit after tax edged up by 21.8% year-on-year to VND6.5 trillion.

Closing the trading session today, FPT shares jumped by 4.56% to VND5,100 per share, with a matching volume of over 5.1 million shares.

Winners far outnumbered losers on the Hochiminh Stock Exchange at a ratio of 433 to 64. The VN-Index climbed by a staggering 25.51 points over the previous session to 1,270.51 points.

Trade volume inched up by 17% to 982.2 million shares and trade value soared by 26.7% to nearly VND26.3 trillion, including VND2.7 trillion worth of shares traded in block deals.

In the VN30 basket, which groups the 30 largest-cap stocks, the VN30-Index surged 30.05 points, or 2.42%, to 1,272.28 points, as 29 bluechips advanced. VJC was the sole decliner in this group, closing down by 0.29% to VND102,200 per share.

With 136 winners and 40 losers, the HNX-Index of the Hanoi Stock Exchange rose by 4.17 points, or 1.78%, to 238.2 points.

There were 109.9 million shares valued at over VND2.2 trillion traded on the northern market.

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