Business performance: In 2008, FPT saw positive business performance with the growth of almost all financial indices. The total net revenue exceeded 16,806 billion VND, equivalent to over one billion USD, a growth rate of 21% compared with the same period in 2007 and surpassing the annual plan by 12.4%.
Earnings before tax were over 1,240 billion VND, surpassing the 2008 plan by 4.9 % and growing at 20.5% compared with the same period in 2007. Earnings of the parent company after tax reached nearly 836.2 billion VND, a growth rate of 13.4% compared with 2007. Basic earnings per share were 5,959 VND, growing at 12.1% compared with the same period in 2007.
FPT Corporation continues to develop and expand its business operations in several fields, besides continuing to invest strongly in its core business lines, which have achieved excellent results. These are Systems Integration, Software Outsourcing, Telecommunications, Training, and ICT Product Distribution.
In terms of revenue, these business lines grew respectively by 49.7%, 43.9%, 44.8%, 97.6% and 10%. Earnings before tax, compared with the 2008 plan, were 135%, 99.3%, 102.3%, 129.1% and 124.7% respectively.
If we consider Software and Services separately, the revenue was more than 2,688 billion VND, growing at 47.7% compared with the same period in 2007, and surpassing the plan by 4.7%. Earnings before tax reached 792 billion VND and grew at 60.7%. The earnings before tax from Software and Services in 2008 accounted for 63.4% of the company’s total profit, while they accounted for 47.9% in 2007. It is obvious that FPT Corporation is serious about developing its core business lines, especially Software and Services. This is also FPT’s direction for 2009 - focusing on globalization and promoting software development and software services.
Personnel: As of Dec . 31, 2008, FPT had 9,027 employees.
Organization: FPT currently comprises:
- 11 subsidiaries: FPT Information Systems Joint Stock Co.; FPT Trading Group Joint Stock Co.; FPT Telecom Joint Stock Co.; FPT Software Joint Stock Co.; FPT Informatics Services Co. Ltd.; FPT Media and Entertainment Co. Ltd.; FPT Promotion Joint Stock Co.; FPT University; FPT Hoa Lac High-Tech Park Development Co. Ltd.; FPT Land Co. Ltd.; FPT Visky Corp.
- 3 associate companies: FPT Securities Joint Stock Co.; FPT Capital Joint Stock Co.; and Tien Phong Joint Stock Commercial Bank.
- Branches in Ho Chi Minh City and Da Nang City.
Primary operations of FPT:
- Systems integration
- Software solutions
- Software outsourcing
- ERP services
- Distribution of Telecom and IT products
- Internet access services
- Online content services
- Computer assembly
- Retail
- Television entertainment
- Advertising
- Education and training
- Banking and financial services
- Real estate and infrastructure development investment
- Research and development
FPT is the leading IT company in Vietnam with ISO certifications for all fields of operation, and CMMi accreditation for software development. Additionally, FPT has obtained more than 1,000 international technology certifications granted by partners who are world leaders in technology.
Value-added services developed by FPT have always met customers’ and partners’ demands. To date, FPT has secured the trust of thousands of businesses and millions of consumers.
For many years running, FPT has been voted the “Most Prestigious IT Corporation in Vietnam” by the readers of Vietnam PC World magazine. FPT has also been named “Best Enterprise Partner of the Year” for many years by Cisco, IBM, and HP and has received the “Vietnam Golden Star” award, the “Sao Khue” award and prizes, cups and medals at exhibitions and contests such as the Vietnam Computer World Expo, IT Week, and VietGames, etc.
FPT’s products and services have always won the top awards of the Vietnam Association for Information Processing, the Ho Chi Minh City Computer Association, and the Vietnam Software Enterprises Association. For its positive contributions to the IT and telecoms industry in particular, and the development of the economy in general, FPT was awarded a First Class Labor Medal by the government of Vietnam in 2003.