FPT Reports US$1 Bln Revenue This Year

2:37:30 PM | 1/6/2009

The FPT Corporation (FPT), Vietnam’s biggest company in IT sector, has announced that its revenues have officially reached US$1 billion this year, fulfilling the target of the year.
 
Bui Quang Ngoc, deputy general director of FPT Corp., said the US$1 billion of revenues is the highest figure during the past 20 years of development of FPT. The figure on 2008 profits, however, has been not released.
 
During 2001 and 2007, FPT maintained its average growth of 40 per cent per year, Ngoc said.
 
Currently, FPT has 141 shares listed on the stock market, with a total market capitalization of VND7.1 trillion.
 
The Hanoi-based IT Corp., with 16 subsidiaries and over 9,000 employees, has recently been named as the biggest private company in Vietnam. (Vneconomy, Labor)