Tuesday, 24/09/2013 10:22

FPT earnings well ahead on year

In the first eight months of this year, FPT reported pre-tax profits of $76.7 million.

Revenues for the same period amounted to $824.4 million, a 13 per cent increase against the same period last year. This puts te company well on track to achieve their annual earnings forecast.

After-tax profits totalled $63.3 million, up 5 per cent against the same period last year and earnings per share hit $0.17, up 2 per cent.

The company’s primary revenue source was technology and telecommunications with 76 per cent growth. Software and system integration and IT services accounted for 21 and 23 per cent, respectively. Internet and digital content grew by 11 per cent.

vir

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