FPT Corporation (FPT) posted VND780.7 billion consolidated net profit in the fourth quarter ended on Dec 31, 2015, up 45% from VND537 billion consolidated net profit in the same quarter of 2014 thanks to strong growth of technology, telecommunications and distribution-retail sectors. The firm said in its financial statements and explanation sent to HOSE’s website.

 

Consolidated net revenue rose 21% on year to VND10.45 trillion in Oct-Dec 2015 period. Gross profit hit VND2.16 trillion, up 22% on year, the data showed.

 

Of note, general and administration expenses jumped to VND815 billion in Q4/2015, compared to VND580 billion in Q4/2014.

 

In 2015, the company made VND2.44 trillion consolidated net profit on VND37.95 trillion consolidated net revenue, up 17% on year and up 16% on year, respectively.

 

Earnings per share (EPS) rose to VND4,369 in 2015 versus VND3,723 in 2014.

 

Total assets hit VND26 trillion as of Dec 31, 2015, up 14.7% from VND22.7 trillion total assets at the end of 2014, of which, inventories rose to VND5.28 trillion, up 15.4%.