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Tuesday, June 25, 2024

FPT reports handsome profit in 2023

The Saigon Times

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HCMC – FPT Corporation (HOSE: FPT) 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 reached nearly VND6.5 trillion, up by 21.8% year-on-year.

IT services accounted for 60% of its revenue and 45% of its pre-tax profit, equivalent to VND33.4 trillion and VND4.1 trillion, respectively.

Key markets maintained strong growth, with growth in Japan reaching 43.4% despite the depreciation of the Japanese yen currency.

The overseas digital transformation segment generated VND10.4 trillion in revenue and expanded by 42% over 2022, primarily from emerging technologies such as Cloud computing and AI data analytics.

On the stock market, FPT shares closed up by 0.1% to VND96,400 each today, January 22, which is 47% higher than in late 2022. Over 1.1 million FPT shares changed hands.

With 246 winners and 223 losers, the VN-Index of the Hochiminh Stock Exchange moved sideways with a modest uptick of 0.12% at 1,182.86 points.

Stock trade improved 34.26% in volume and 26.65% in value over the previous session, with 890 million shares worth over VND18.7 trillion traded. Block deals contributed 118.7 million shares worth VND2.6 trillion.

With a trading volume surpassing 66 million shares, HPG took the lead by liquidity and outnumbered the second-actively traded stock by more than double. It inched up 1.8% to close at VND28,300.

On the Hanoi Stock Exchange, the HNX-Index edged up 0.13% to 229.77 points, with 75 advancers and 80 decliners.

There were 63.8 million shares valued at VND1.2 trillion transacted on the northern market.

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