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FPT (FPT) investor relations material
FPT Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Consolidated revenue for Q2 2025 reached VND 16,625 billion, up 9.0% year-over-year; profit after tax was VND 2,740 billion, up 19.8% year-over-year.
For the first half of 2025, revenue was VND 32,683 billion (+11.4%) and profit after tax VND 5,336 billion (+20.0%) compared to the same period in 2024.
Growth was driven by strong performance in the Japanese market (+26.1% in Q2, +28.1% in H1) and robust domestic telecommunications.
Associates and joint ventures contributed an additional VND 110 billion in profit, up 83% year-over-year.
Financial highlights
Net revenue for H1 2025: VND 32,683 billion; gross profit: VND 12,322 billion; net profit after tax: VND 5,336 billion.
Gross margin for H1 2025: 37.7%, up from 38.1% in H1 2024.
Basic EPS for H1 2025: VND 3,007, up from VND 2,515 in H1 2024.
Cash and cash equivalents at 30/6/2025: VND 10,020 billion, up from VND 9,315 billion at 31/12/2024.
Total assets at 30/6/2025: VND 81,602 billion; equity: VND 39,876 billion.
Outlook and guidance
Management highlights continued optimization and market expansion as key growth drivers.
Japanese and domestic markets expected to remain strong contributors.
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