Saturday , November 23 2024

FPT posts 23.7% rise in year-to-date profits


Tech giant FPT reported a 23.7% year-on-year rise in pre-tax profits in the first seven months of the year to VND4.24 trillion ($181.19 million).

Revenues were up 22.2% to VND23.22 trillion.

All the company’s major businesses saw revenues rise by double digits.

Revenues from its technology business rose 22.1% to VND13.26 trillion.

Software exports rose by 29.1% to VND10.16 trillion, including a 43% surge in business in the U.S. market.

The value of new foreign contracts rose by 43.2% to VND13.76 trillion.

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