DNVN - In 2024, FPT recorded revenue of VND 62,849 billion and pre-tax profit of VND 11,071 billion, up 19.4% and 20.3% respectively over the same period last year, exceeding 102% of the plan set at the beginning of the year.
Profit after tax for parent company shareholders reached VND 7,849 billion, up 21.4%, EPS (Earning Per Share) reached VND 4,940/share, up 21.9% over the previous year.
The technology sector (including domestic and foreign IT services) continued to play a key role, contributing 62% of the group's revenue and 47% of pre-tax profit, equivalent to VND 39,110 billion and VND 5,229 billion, up 24.4% and 25.7% respectively over the same period last year.
FPT continuously won bids for 48 large projects (over 5 million USD each) in 2024.
Continuing to affirm its position in the international market, revenue from foreign IT services increased by 27.4%, reaching VND 30,953 billion, pre-tax profit reached VND 4,770 billion, up 26.1% over the same period last year. Key markets maintained high growth momentum, especially in the Japanese and Asia- Pacific markets with high growth rates of 32.2% over the same period (growth in Japanese Yen reached 36.3%) and 34.8%, respectively.
By the end of 2024, the newly signed revenue of the foreign IT services segment reached VND 33,590 billion (equivalent to more than 1.3 billion USD), an increase of 13% over the same period. FPT continuously won bids for 48 large projects (over 5 million USD each) in 2024, an increase of 31% over the same period.
Digital transformation revenue from foreign markets in 2024 will reach VND 14,263 billion, up 37% year-on-year, focusing on new technologies such as Cloud, AI/Data Analytics...
Thanks to efforts to strengthen cooperation with the government , ministries and agencies and promote the Cloud Computing and Artificial Intelligence business for domestic enterprises, the domestic IT service sector recorded revenue of VND 8,157 billion (+13.9%) and profit after tax of VND 460 billion (+21.1%). The Made-by-FPT product ecosystem continued to grow strongly, recording revenue of VND 2,267 billion (+31.0%) thanks to its high applicability for both the business and government sectors.
Telecommunications services recorded revenue of VND 16,906 billion, up 11.3% and profit after tax of VND 3,420 billion, up 18.1%.
Continuing to expand its presence in provinces and cities across the country, FPT's education sector recorded a 15.1% increase in revenue over the same period last year, reaching VND7,088 billion.
Nguyen Duc
Source: https://doanhnghiepvn.vn/kinh-te/chung-khoan/nam-2024-fpt-bao-lai-truoc-thue-hon-11-000-ty-dong/20250124051201247
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