FPT – Brief – [NONRATED] – 2Q24: Positive growth with highlights on AI
In 2Q24, FPT’s revenue and PBT continued to climb up to VND15.2tn (+22.1% yoy) and VND2.6tn (+20.1% yoy) respectively. Technology continued to be the driver with revenue of VND9.6tn (+30.5% yoy) and PBT of VND1.3tn (+18.0% yoy) in 2Q24. Per FPT, the remaining DGX H100 series will continue to be brought to Vietnam in the near future.
Featured Analysis
Power – In-depth – [NEUTRAL] – 2026 Outlook: Thermal power cycle returns
Derivatives: Supported around the MA50
Market commentary: Market reversal
Derivatives: Bottom-fishing demand
Market commentary: Late-session demand
Derivatives: Bearish trend
Market commentary: Selling pressure persists
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