Hanoi (VNA) – FPTCorporation is aiming to earn 32.45 trillion VND(over 1.38 billion USD) in revenue and 5.51 trillion VND in pre-tax profit this year, gaining 17 percent and 18 percent respectively against 2019.
With a digital transformationstrategy in place, the corporation expects to maintain its growth momentum fromlast year, with its technology business acting as a key growth driver, according to its newly-adopted 2020business plan.
FPT also plans to issuenearly 3.4 million shares, equivalent to 0.5 percent of its charter capital,before June 30. The shares will be non-transferable for 3 years.
In addition, the group has approved raising FPT Software’scharter capital to 2.8 trillion VND from 2.4 trillion VND, and FPT Education’s to 1 trillion VNDfrom 600 billion VND.
Ending 2019, FPT Corporationreported a pre-tax profit of nearly 4.7 trillion VND (203.3 million USD) on revenue of27.7 trillion VND (1.19 billion USD), both up around 20 percent.
Earningsper share (EPS) were 4,220 VND,up 19 percent.
Theprofit margin was slightly up at 16.8 percent compared to 16.6 percent in 2018.
Revenue from the technologybusiness exceeded 15.78 trillion VND, accounting for 57 percent of the corporation’s total income and up 17.8percent year on year, while itspre-tax profit reached more than 1.97 trillion VND, up 29.9percent./.
With a digital transformationstrategy in place, the corporation expects to maintain its growth momentum fromlast year, with its technology business acting as a key growth driver, according to its newly-adopted 2020business plan.
FPT also plans to issuenearly 3.4 million shares, equivalent to 0.5 percent of its charter capital,before June 30. The shares will be non-transferable for 3 years.
In addition, the group has approved raising FPT Software’scharter capital to 2.8 trillion VND from 2.4 trillion VND, and FPT Education’s to 1 trillion VNDfrom 600 billion VND.
Ending 2019, FPT Corporationreported a pre-tax profit of nearly 4.7 trillion VND (203.3 million USD) on revenue of27.7 trillion VND (1.19 billion USD), both up around 20 percent.
Earningsper share (EPS) were 4,220 VND,up 19 percent.
Theprofit margin was slightly up at 16.8 percent compared to 16.6 percent in 2018.
Revenue from the technologybusiness exceeded 15.78 trillion VND, accounting for 57 percent of the corporation’s total income and up 17.8percent year on year, while itspre-tax profit reached more than 1.97 trillion VND, up 29.9percent./.
VNA
