FTel reports over 200b dong profit in Q1

10-May-2012 Intellasia | Dau Tu Chung Khoan | 11:33 AM

FPT Telecommunication Joint Stock Co (FTel) has reported gaining Q1 revenue from sales and services of 1.04 trillion dong, up 41.37 percent year-on-year and after tax profit of 200.27 billion dong, up 36.15 percent, of which the after tax profit for parent company’s shareholders accounted for 176.84 billion dong.

According to the 2012 business plan approved in the annual general meeting (AGM), the company expects to reach whole year revenue of 4.8 trillion dong, pre-tax profit of 1.025 trillion dong and pay dividend at 25 percent at minimum.

Last year, FTel paid dividend in cash at 50 percent.

At present, the company has chartered capital of 997 billion dong.