FPT Group has announced its business results for Q1 2025, with revenue reaching 16.058 trillion VND, up 13.9% year-on-year. Net profit rose 20.1% to 2.596 trillion VND, with parent company shareholders receiving 2.174 trillion VND. The foreign IT service sector showed stable growth of 17%, driven by high tech spending in Japan. Digital transformation revenue reached 3.579 trillion VND, growing 21.1% due to investments in cloud and AI. FPT won nine large projects, a 125% increase, and domestic revenue hit 1.583 trillion VND, although profit decreased by 40.3%. FPT aims for a revenue of 75.4 trillion VND and a pre-tax profit of 13.395 trillion VND in 2025. FPT also announced a strategic partnership with Sumitomo and SBI Holdings to develop AI in Japan.
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