FPT released preliminary H1 2020 revenue of VND13.6tn (USD587mn; +9% YoY) and NPAT-MI of VND1.6tn (USD70mn; +15% YoY). These robust results were primarily driven by the company’s three core businesses: Software Outsourcing, Telecom Services and Education. Overall, H1 2020 results are broadly in line with our expectations.