FPT Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 19, 2023 at 05:03 pm IST
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FPT Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was VND 12,484,364.26 million compared to VND 10,096,060.09 million a year ago. Net income was VND 1,509,219.53 million compared to VND 1,250,820.48 million a year ago. Basic earnings per share from continuing operations was VND 1,193.913 compared to VND 995.6522 a year ago. Diluted earnings per share from continuing operations was VND 1,193.913 compared to VND 995.6522 a year ago.
For the six months, revenue was VND 24,165,743.15 million compared to VND 19,826,313.94 million a year ago. Net income was VND 3,002,782.11 million compared to VND 2,489,699.9 million a year ago. Basic earnings per share from continuing operations was VND 2,374 compared to VND 1,979 a year ago.
FPT Corp is a Vietnam-based conglomerate. The Company's operations are divided into three segments: Technology, Telecommunications and Investment & Education. Under the Technology segment, the Company provides digitalized solutions and services for finance and banking, public finance, telecommunications, health, transport, and electric, water and gas utilities, etc. Apart from that, it also publishes software, manufactures microcircuits and retails computers and other electronic equipment. Under the Telecommunications segment, the Company is an Internet Service Provider with various value-added services, and it also offers broadcasting services via FPT Play and e-newspapers and advertising services. Under the Investment & Education segment, it is engaged in the operations of elementary, secondary and high schools, college and e-university, along with professional training classes. The Company manages its new investments in various subsidiaries and affiliates.