bullish

FPT Corp

FPT - Resilient Growth Despite Slowing Down Macros

254 Views15 May 2023 09:05
Broker
SUMMARY
  • The Tech sector shows continued resilience with revenue/PBT increasing by 21% YoY/20% YoY.
  • In which, global IT services revenue jumped +32% YoY despite US market have slowed down, and PBT margin inched 20 bps higher.
  • Domestic IT services remain muted as revenue/PBT down by -8% YoY/-80% YoY.

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