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FPT named in inaugural Fortune Southeast Asia 500 list

The Saigon Times

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HCMC – FPT Corporation (HOSE: FPT) has been featured in the inaugural Fortune’s Southeast Asia 500 as the seventh largest company in the technology sector in Southeast Asia.

FPT is ranked 160th across all sectors, with its revenue reaching US$2.17 billion in 2023, up by 19.6% year-on-year.

This growth was mainly driven by the heightened global drive for digital transformation, one of FPT’s most in-demand services worldwide, which saw a 42% year-on-year revenue increase.

This is the first time Fortune has released the rankings for the largest companies in the Southeast Asian region, based on their revenues in the 2023 fiscal year. The list includes companies from seven countries – Indonesia, Malaysia, Thailand, Singapore, Vietnam, the Philippines, and Cambodia.

Closing the trading session today, June 20, FPT rose 1.37% day-on-day to VND133,300 per share, with nearly 10.5 million shares changing hands on the southern exchange.

The VN-Index of the Hochiminh Stock Exchange added 2.51 points, or 0.2% day-on-day, at 1,282.3 points, with 189 winners and 242 losers.

More than 932.5 million shares worth VND23.8 trillion were traded on bourse, down by 7% in volume and 8% in value against yesterday’s session. Block deal transactions contributed over 111.4 million shares, valued at VND2.45 trillion.

Lender VPB took the lead by liquidity in the market with over 66 million shares changing hands. At the close of the session, VPB surged by 3.7% to VND19,700 per share, contributing nearly 1.5 points to the overall value.

Other blue-chip stocks were in positive territory, such as TCB with a rise of 2.7%, BCM with an increase of 2.1%, and GVR with an uptick of 1.19%.

On the Hanoi exchange, the HNX-Index gained 0.4 point, or 0.16%, day-on-day at 243.97 points. The trading volume reached over 66.5 million shares worth VND1.3 trillion.

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