FPT upholds the Top 10 largest private enterprises in Vietnam in 2018.

Posted by: admin date 25/01/2019

On December 5, Vietnam Report released its VNR500 – Top 500 Largest Enterprises in Vietnam in 2018. 

Some of the positions in that list were fluctuated or excluded, but FPT still preserved them. The top 10 largest private enterprises in Vietnam this year are: Vingroup, Mobile World, Vinamilk, DOJI, THACO, Hoa Phat, FPT, Vietjet, VP Bank, Masan. This is the 12th consecutive year that the VNR500 Ranking is published to recognize and honor the achievements of Vietnamese business community and FPT is continuously being in the Top 10.

The VNR500 Ranking in 2018 continue to show an increase in all aspects of the private sector. The annual compound growth rate (CAGR) of the Top 500 largest private enterprises in Vietnam has increased significantly over the time: in the period from 2014 to 2017 it has reached the high rate of 21.8%.

The top 5 industries contributing to the revenue in the Top 500 largest private enterprises in 2018 are: finance (15.1%), food and beverages and tobacco (14.3%), construction, construction materials, real estate (13.9%), steel (11.7%), telecommunications, informatics and information technology (9.2%). These the 5 sectors accounted for 64.2% of the revenue and 75.5% of the profit after tax of private enterprises.

After 10 months, FPT's revenue has reached VND 18,367 billion and profit before tax (PBT) reached VND 3,156 billion, which is equivalent to 105% and 115% of the accumulated plan, the growth of 22% and 34% over the same period under comparable conditions (consolidating the results of FPT Retail and Synnex FPT in 2017 according to the equity method for associates). In comparison with the actual figures in the same period in 2017 (consolidating all business results of FPT Retail and Synnex FPT), the revenue decreased by 47% and the profit before tax increased by 19%.

Profit after tax reached VND 2,659 billion, up 19% over the same period. Profit after tax of the shareholders of the parent company reached VND 2,128 billion, up 23% and basic earnings per share (EPS) reached VND 3,474 billion, up 23%. Besides, the profit margin reached 17.2%, which is 2.3 times higher compared to the same period. The revenue from Technology and Telecommunications sector contributed 94% of the total revenue to the Group.

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