FPT stock is showing signs of recovery after a decline of over 19%, with a market capitalization loss of 44 trillion VND. Two consecutive increase sessions at the weekend have brought positive investor sentiment, along with a favorable business result in the first two months of 2025. FPT’s revenue reached 10.438 trillion VND, with after-tax profit of 1.378 trillion VND, increasing by 16.4% and 21.1% year-on-year, respectively. However, a new report from SSI Research emphasized concerns about foreign IT revenue only increasing by 21%, lower than expected due to slow growth in the American market. They also warned that new contract growth for FPT has slowed to 13%-14% annually, compared to 30%-40% last year. Nevertheless, the forecast for 2025 remains bright as FPT aims for a revenue of 75.4 trillion VND and pre-tax profits of 13.395 trillion VND, up 20% from 2024. FPT plans a 20% dividend payout for 2024, along with a plan to issue an additional 222.2 million shares to increase capital.
Leave a Reply