FPT Group reported revenue of 38.091 trillion VND in the first 7 months of 2025, up 11.2% year-on-year. Pre-tax profit reached 7.196 trillion VND, up 18.4%. After-tax profit was 6.204 trillion VND, increasing by 19.9%, with parent company shareholders receiving 5.147 trillion VND, a 20.1% rise. In July alone, revenue was 5.408 trillion VND, growing 10.2%, while after-tax profit reached 868 billion VND, up 19.4%. The IT services sector abroad grew well, with revenue reaching 19.541 trillion VND, a 13.6% rise, particularly in Japan with a growth of 27.5%. FPT anticipates recovery in the second half of 2025 as new order volumes hit 23.730 trillion VND. However, management adjusted growth plans from 20% to 15% for revenue, and from 21% to 18-19% for profit due to tariffs affecting IT spending and the AI factory utilization rate currently being below 10%, posing a risk of not achieving the target revenue of 30-40 million USD for this sector.
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