FPT earnings well ahead on year
Revenues for the same period amounted to $824.4 million, a 13 per cent increase against the same period last year. This puts the company well on track to achieve their annual earnings forecast.
After-tax profits totalled $63.3 million, up 5 per cent against the same period last year and earnings per share hit $0.17, up 2 per cent.
The company’s primary source of pre-tax profit was technology and telecommunications with 76 per cent contribution to FPT's pre-tax profit. Software and system integration and IT services achieved 21 and 23 per cent growth in terms of revenue and pre-tax profit, respectively. Internet and digital content grew by 11 per cent in terms of both revenue and profit.
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