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FPT CORPORATION

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FPT : IS to collaborate with EVN HANOI on two Digital Transformation ...

02/22/2021 | 05:12am EDT

Just recently, FPT IS (FPT Information System - a subsidiary of FPT Corporation) had officially partnered with EVN Hanoi to lend them assistance with two major projects, in order to kick start their digital transformation process smoothly and effectively.

Accordingly, FPT IS is to work on two key components: Digitization and automation of task assignments based on the FPT SPro system, and developing a software to facilitate the internal governance of power grids.

Of particular note, the deployment of FPT SPro for EVN HANOI is the first contract based around a Made by FPT product that has proven reliable among government-level clients across the nation. It's also FPT SPro's highest-valued developmental package in Northern Vietnam.

'Our two projects partnered with EVN HANOI are proof of FPT IS's reliability and expertise in accompanying the electrical industry on their digital transformations, creating new opportunities for us to utilize high-tech IT solutions to digitize our administrational and operational activities, not just at EVN HANOI, but the whole of EVN itself', said Mr. Nguyen Tien Dung - Vice President of FPT IS' Corporate Strategic Clients department.

In the past, FPT IS had also signed a Digital Transformation consultation contract with EVN HCM.

In recent times, FPT has remained a consistent strategic partner in both consultation and execution of digital transformations for many major corporations of various fields like retailing, communications, aviation, aquaculture, and logistics…in both domestic and international markets, such as MobiFone, Minh Phu, Thien Long, Vietnam Airlines, DPDgroup…. These contracts and partnerships clearly demonstrates how FPT were and are still making a powerful transition from being a traditional telecommunications service provider to a digitization powerhouse, especially in the department of strategic consultations.

With the FPT Digital Kaizen algorithm, a wide diversity of solution packages, appropriate for corporations of every scope and field, along with a highly-experienced crew of digitization specialists, the FPT Corp. stands ready as the most stalwart ally any Vietnamese company can get on its digital transformation journey, bolstering the concept of digital marketing, and facilitating the model of a completely digitalized nation in the future.

Disclaimer

FPT Corporation published this content on 17 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2021 10:11:03 UTC.


Publicnow 2021
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Financials
Sales 2021 35 672 B 1 534 M 1 534 M
Net income 2021 4 251 B 183 M 183 M
Net Debt 2021 - - -
P/E ratio 2021 15,7x
Yield 2021 2,60%
Capitalization 62 886 B 2 721 M 2 704 M
Capi. / Sales 2021 1,76x
Capi. / Sales 2022 1,54x
Nbr of Employees 30 651
Free-Float 77,1%
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 78 489,00 VND
Last Close Price 79 700,00 VND
Spread / Highest target 8,16%
Spread / Average Target -1,52%
Spread / Lowest Target -23,4%
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Managers and Directors
NameTitle
Khoa Van Nguyen General Director
Phuong The Nguyen CFO & Deputy General Director
Binh Gia Truong Chairman
Tu Anh Vu Chief Technology Officer
Jean-Charles Belliol Independent Director
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