VNI continues strong momentum on high turnover, FPT, MWG

- VNindex held up in the green despite weakness in regional markets.

FPT -1.1%

- 2M revenue +20% & NPAT-MI +22% YoY, led by IT and Education businesses.

- 2M global IT business: Japan (+31% YoY) and APAC (+37% YoY) markets spearheaded growth. New global IT contract value -14% YoY as it accelerated the signing process of new orders in December 2023, while won deals +30% YoY in 2M 2024 (won deals will be converted into signed contracts later).

MWG +1.2%

- 2M revenue VND21.6tn (+14% YoY) 

- ICT & CE revenue VND14.9tn (+3% YoY), despite having 210 fewer store than same period last year. 

- Grocery revenue VND6tn (+47% YoY). Monthly revenue per store was maintained at VND1.8bn (similar to that in December) despite store closure during Tet holiday.

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