FPT’s shares recently reported a record trading volume of over 21.8 million units, worth more than 2.3 trillion VND, but closed down 2.2% at 105,100 VND/share. Foreign investors recorded a record net sell of over 10 million FPT shares, extending a 16-day streak, totaling 4.7 trillion VND. This decline stemmed from FPT’s adjusted growth outlook at an investor meeting, forecasting revenue growth of only 15% and profit growth of 18-19% instead of 20% and 21% previously. FPT’s international revenue, particularly from IT, is struggling due to tariffs and weak AI demand, with significant declines in regions like Singapore and South Korea. The company’s leadership does not expect to achieve the goal of 30-40 million USD in AI revenue for 2025 and has no new investment plans. Regarding the share transfer at FPT Telecom, the company hopes to maintain ownership, although the potential for merging with others is low.
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