Earnings Alerts

FPT Corp (FPT) Earnings: 1H Net Income Surges 22% to 3.67T Dong, Revenue Jumps 21%

  • FPT Corp‘s net income for the first half (1H) of 2024 is 3.67 trillion dong, representing a 22% increase year-over-year (y/y).
  • Revenue for the same period is 29.3 trillion dong, a 21% rise y/y.
  • 1H Earnings Per Share (EPS) increased by 22%, reaching 2,514 dong per share.
  • Revenue from global IT services grew by 29.8%, totaling 14.5 trillion dong in 1H.
  • Telecommunication services saw a revenue increase of 7.3% to 7.97 trillion dong in 1H.
  • Revenue from education, investment, and other sectors surged by 32%, amounting to approximately 3 trillion dong in 1H.
  • Despite the positive financial results, FPT Corp shares declined by 3%, now priced at 0.13 million dong with 10.8 million shares traded.
  • Analyst ratings for FPT Corp show 10 buys, 4 holds, and no sells.


A look at FPT Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma



Investors looking at the long-term prospects for FPT Corp can take heart in the Smartkarma Smart Scores. With a high Growth score of 5 and Momentum score of 5, the company shows promising signs of future expansion and market performance. FPT Corp‘s Resilience score of 4 also indicates a strong ability to weather economic challenges, portraying stability and adaptability in uncertain times.

While the Value and Dividend scores for FPT Corp may not be as high, the overall outlook remains positive due to the company’s exceptional Growth and Momentum scores. As an information and communication technology company offering a range of services, including mobile distribution, systems integration, software outsourcing, and development, FPT Corp demonstrates a diversified business model that positions it well for continued success in the evolving tech industry.



Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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