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Vietnam FPT expects 2007 profit above target-media

Thu Dec 13, 2007 8:52pm EST

HANOI, Dec 14 (Reuters) - FPT FPT.HM, Vietnam's top information technology services firm, expects its gross profit to rise to $56.8 million this year, 15 percent above target, an executive was quoted on Friday as saying.

FPT Deputy Chairman Bui Quang Ngoc was quoted by the Vietnam Economic Times newspaper as saying in an interview that the company's gross profit for the first nine months of the year had already reached $41 million.

"The profit expected for the whole of 2007 would reach beyond the target, at 115 percent," he said to the paper.

(Reporting by Ho Binh Minh; Editing by Valerie Lee)



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