FPT
FPT is a leading technology company in Vietnam, aiming for Net Zero greenhouse gas emissions by 2040 and significant growth in digital transformation services. In the first quarter of 2024, FPT recorded revenue of VND 14,093 billion and a profit before tax of VND 2,534 billion.
FPT Services
FPT invests in and develops comprehensive digital transformation services and solutions. The company offers a Made-by-FPT technology ecosystem to help businesses accelerate their digital transformation efforts. FPT also serves as a strategic partner in consulting, training, and implementing digital transformation for leading corporations globally and in Vietnam. Additionally, FPT continually creates and deploys new value-added services on one Internet connection.
FPT Financial Performance Q1 2024
In the first quarter of 2024, FPT recorded revenue of VND 14,093 billion. The profit before tax for the same period was VND 2,534 billion, while the profit-after-tax attributable to the parent company’s shareholders reached VND 1,798 billion. FPT's Earnings Per Share (EPS) stood at VND 1,416 per share in Q1 2024. FPT aimed for a revenue growth of 17.5% and a pre-tax profit increase of 18.2% for the year 2024.
FPT Environmental Sustainability Goals
FPT has expressed a strong commitment to environmental sustainability, aiming to achieve Net Zero greenhouse gas emissions by 2040. The company plans to reduce its total greenhouse gas emissions by 15.8% by 2030 and use 100% LED lighting by the end of 2025. It also aims to have 2.5% of its electricity usage come from renewable energy sources by 2026. FPT's ESG score in 2023 was 76%, which included a score of 65% in the Environment category.
FPT Revenue and Market Capitalization 2023
In 2023, FPT achieved a revenue of VND 52,618 billion. Its market capitalization stood at VND 122,044 billion as of December 31, 2023. The revenue structure for 2023 consisted of 59.8% from the technology segment, 30% from the telecommunications segment, and 10.2% from the education and other investments segments.
FPT's Educational Initiatives
FPT Education has expanded its educational levels to provide high-quality human resources for the labor market. The company's long-term goal includes training 1.5 million digital citizens globally by 2030. FPT's commitment to education aligns with its mission to support the digital transformation and human resource development needs of various industries.