FPT said on Friday its net profit more than doubled to 436.07 billion dong ($27 million) during the first half of this year.
The Hanoi-based firm, the second-largest on the Ho Chi Minh Stock Exchange, also said in a statement its January to June revenues jumped 25 percent from a year earlier to 5.9 trillion dong ($365.6 million).
Shares in FPT were trading up 0.35 percent at 286,000 dong ($17.7) at 0136 GMT on Friday after the company released the first half results.
"FPT has expanded to areas in which information technology plays a role as the important momentum in raising the quality of products, services and management level," the statement said.
FPT said it has formed subsidiaries to deal with retail sales, stock broking and also contributed funds to form a fund management firm and a commercial bank.
Stockbroking services for which FPT received a licence a week ago, takes the company, now with a market value of $1.6 billion, outside its core businesses of software production, mobile phone distribution and Internet services.
Source: Reuters
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