According to its recently published consolidated financial statement, FPT Telecom's net revenue reached 4,776 billion VND in Q2 2025, a 13% increase compared to the same period in 2024. Meanwhile, the cost of goods sold saw only a slight increase, leading to an 18.5% rise in gross profit, surpassing 2,400 billion VND.

After deducting expenses, the network provider recorded a pre-tax consolidated profit of 1,129 billion VND. This is the first time FPT Telecom's quarterly profit has exceeded 1 trillion VND since its listing in 2017.

The company attributes this positive performance to several factors: implementing sales-boosting measures, cost reduction, improved labor productivity, and optimized financial operations. Simultaneously, FPT Telecom continues to enhance its transmission quality and customer service.

For the first half of 2025, the FPT subsidiary achieved a revenue of over 9,350 billion VND, a 13.5% increase. Its pre-tax consolidated profit also grew by 19.2% to nearly 2,100 billion VND. This represents 47% and 50% completion of the company's annual revenue and profit targets, respectively.

As of 30/6, the technology and telecommunications company's total assets reached over 25,246 billion VND, a slight increase from the beginning of the year. Bank deposits constitute nearly half of the total assets, at approximately 12,440 billion VND.

FPT Telecom was established over 28 years ago in January 1997, originating from the Online Services Center founded by four members. Its first internet product, "Vietnam Intelligence - TTVN", is credited with laying the foundation for internet development in Vietnam. Today, the company is a provider of telecommunications and internet services.

In mid-July, the Ministry of Public Security took over the representation of state capital in FPT Telecom from the State Capital Investment Corporation (SCIC). SCIC previously held a 50.2% stake in FPT Telecom, with FPT Corporation holding the remaining 45.7%.

Anh Tu