FPT Telecom (FOX) has announced its Q2 2025 consolidated financial report, showing a 13% increase in net revenue year-on-year, reaching 4.775 trillion VND. The net profit for the quarter was nearly 884 billion VND, up 21%, marking the highest profit ever recorded. For the first six months, total revenue and net profit were 9.357 trillion VND and 1.649 trillion VND, representing increases of 13% and 19%. FPT Telecom aims for a revenue target of 19.9 trillion VND for 2025, a 13% increase from 2024. As of June 30, 2025, total assets rose by 6% to nearly 25.247 trillion VND, with bank deposits at 13.225 trillion VND (52% of total assets). Liabilities increased 18% to 15.467 trillion VND. On the market, FOX shares traded at 75,000 VND each, up 22% year-to-date. On July 16, the state ownership transfer from SCIC to the Ministry of Public Security was completed to enhance the state-owned enterprise’s effectiveness.
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