FPT aims for 20.2 per cent growth in profit

April 08, 2022 | 12:03
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Vietnamese tech giant FPT is aiming for 19 per cent and 20.2 per cent increases in revenue and pre-tax profit respectively, confirming its strong footprint in the market.
FPT aims for 20.2 per cent growth in profit
FPT’s annual general meeting of shareholders

On April 7 FPT held its annual general meeting of shareholders, approving its sustainable development goals for the year with revenue of $1.84 billion, $331.3 million in pre-tax profit, and a dividend payment rate of 40 per cent.

This year, the group aims to maintain a pioneering position in the global digital transformation trend by continuing to make changes to improve performance, expand its set of clients and customers, and promote sustainable development in the long term.

In the overseas market, FPT will focus on increasing consulting capacity and developing new solutions to perfect digital packages for global customers. Last year, the number of projects valued at over $5 million doubled, sending positive signals for the year ahead.

To make the most of its opportunities, the company has prioritised manpower development not only in Vietnam but also in other countries, expanding investment into new markets to meet the growing global demand. This has enabled the group to become a strategic partner in the digital transformation path of powerful customers around the world.

In terms of private businesses – especially large ones in the sectors of finance, real estate, manufacturing, and healthcare – the corporation concentrates on providing platform technologies to support business administration by integrating applications with in-depth solutions based on new technologies and cloud computing.

Regarding small- and medium-sized enterprises, the company plans to develop the business administration platform base.vn to create an integrated solution to satisfy the demands of customers in all sectors.

FPT will also boost new services and products for individual customers to increase their experience while striving to develop an education centre in Vietnam.

Truong Gia Binh, chairman of FPT said, “Over the past years, we have developed many breakthrough products and solutions, benefiting thousands of businesses and millions of people globally. FPT will continue to develop breakthrough products and solutions to meet the most basic needs of human beings.”

By Bich Thuy

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