VCSC Daily - Stocks hit fresh nine-year high - FPT, MWG
FPT’s 5M 2017 results: Strong results from Telecom and Software Outsourcing; we expect acceleration for the latter in H2 2017. BUY. FPT released its 5M 2017 preliminary results with PBT of VND1.17 trillion (USD51 million, +12% vs 5M 2016). This result was mainly bolstered by solid results from Telecom Services and Software Outsourcing with the latter set to accelerate in H2 2017.