FPT - Q2-2023 AM Note: Maintaining Double-Digit Growth Target Despite Challenging Macro Outlook.
- FPT maintains the target of 2023, implying that revenue and PBT will grow by 18.8% YoY and 18.3% YoY respectively in 2H-2023, despite the challenging macro environment both globally and domestically.
- Global IT services: IT spending in Japan is accelerating, underpinning the steady growth momentum of the segment, despite some signs of weakness in the US market.
- Domestic IT services: Challenges remain ahead.
- Telecom sector: Broadband service growth slows due to structural changes.
FPT is providing IT and telecommunication products and services. Co.'s main products and services provided are: software development including software outsourcing; software solutions, software services and ERP services; system integration; informatics services including system management, BPO service, Data Center service etc.; telecommunication services including internet services and value added services; digital content service including online advertising, online games etc.; college, university and postgraduate training services; production, distribution and retails of IT and telecommunication products.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
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