FPT Finalizes Release of Over 222 Million Shares, Increasing Capital to Over 17 Trillion

On July 22, FPT Corporation will finalize the shareholder list to issue over 222 million shares from retained earnings, raising its charter capital to over 17 trillion VND. The issuance ratio is 20:3 (15%), meaning those owning 20 shares will receive 3 new shares. In June, FPT distributed 1.8 trillion VND in cash dividends for 2024 at a rate of 10%. The 2024 financial results are projected at 62.849 trillion VND in revenue and 11.071 trillion VND in pre-tax profit, increasing over 19% and 20% year-on-year. For 2025, FPT aims for 75.4 trillion VND in revenue and 13.395 trillion VND in profit, a target increase of 20% and 21%. After five months in 2025, FPT estimates 27.056 trillion VND in revenue and 5.1 trillion VND in profit, up 13.1% and 18.2% respectively year-on-year. FPT shares are currently trading high, closing on July 10 at 123,900 VND/share, with a market capitalization of nearly 184 trillion VND.