FPT posted record quarterly after-tax profit attributable to shareholders of VND 2,723 billion in Q3, driven by its IT business, though revenue of VND 40,023 billion and pre-tax profit of VND 8,770 billion fell 19.9% and 8% year on year because FPT Telecom is no longer consolidated. Nine-month after-tax profit reached VND 7,778 billion, up 13.3%. The technology segment contributed 89% of revenue, over VND 35,500 billion, up nearly 15%, and FPT won 16 projects worth over $10 million each, including becoming a global partner of OpenAI. Education and investment profit rose more than 17% to VND 3,719 billion despite a 3% revenue decline. Even so, FPT shares have fallen about 30% this year to VND 57,800, as VDSC notes that IT sector valuations are being compressed as AI reshapes the industry.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: FPT báo lãi kỷ lục
Read the original on VnExpress ↗
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Related tickers and likely impact
FPT
▲ Likely positiveFPT Corp
Relevance: high
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Technology |
| Industry | Computer Services |
| Market cap | 108,241 bn VND |
| P/E | 10.8 |
| P/B | 2.72 |
| Close on 10/20/2026 | 57.40 |
| Change that session | +0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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