FPT Corporation reported strong financial results for the first half of 2025, with revenue of 32,683 billion VND and net profit of 4,432 billion VND. These figures represent increases of 11.4% and 20.7% respectively, compared to the same period last year. In the first quarter, the company achieved revenue of over 16,064 billion VND and a net profit attributable to parent company shareholders of 2,174 billion VND.

The company's second-quarter revenue reached 16,619 billion VND, a 9% year-on-year increase compared to the second quarter of 2024. Net profit reached 2,258 billion VND, a 20.5% rise, marking the highest in the company's history.

FPT attributed its first-half growth primarily to its technology segment, which generated 20,128 billion VND in sales, an 11.3% increase, accounting for nearly 62% of total revenue.

At the close of trading on 17/7, FPT's share price stood at 127,000 VND, a 7.5% increase since the beginning of the month. However, the share price has declined by 24.4% since the start of the year.

Experts suggest that the performance of some technology stocks, including FPT, contrasts with the overall market trend due to significant gains these stocks experienced in 2024. This resulted in high price-to-earnings (P/E) ratios for some companies in the sector. Last year, FPT's P/E ratio increased by over 80%.

KB Securities (KBSV) believes FPT's stock still holds growth potential. They project that FPT's profit growth will continue at a rate of 17-20% annually over the next three to four years.

Agribank Securities (Agriseco) shares this optimism about FPT's long-term prospects, believing the company will benefit from Vietnam's focus on AI, semiconductors, and digital transformation. Agriseco forecasts AI demand to grow by 33% annually until 2030. They believe FPT's partnership with Nvidia to build an AI factory and its international mergers and acquisitions strategy will strengthen its leading position in the industry.

Trong Hieu