1. Homepage
  2. Equities
  3. Vietnam
  4. Ho Chi Minh Stock Exchange
  5. Digiworld Corporation
  6. News
  7. Summary
    DGW   VN000000DGW9

DIGIWORLD CORPORATION

(DGW)
  Report
End-of-day quote Ho Chi Minh Stock Exchange  -  05-24
119800.00 VND   +6.96%
04/26Digiworld Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
04/19Digiworld Corporation announces an Equity Buyback for 3,000 shares.
CI
04/14Digiworld Corporation authorizes a Buyback Plan.
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

DIGIWORLD : REPORTED STEADY GROWTH IN 09 MONTHS

11/26/2018 | 10:00pm EDT

Ho Chi Minh City, October 18th 2018, Digiworld Coporation-'DGW' reported its business result for the 3rd quarter and the first 9 months of 2018.
According to the report, compared to the same period last year, the accumulated result of the first 9 months was as follow:
-9 months revenue reached 4,383 billion VND, increasing nearly 63% compared to the same period last year.
-9 months profit after tax: reached 78,3 billion VND, increasing nearly 38% compared to the same period last year.
Till the end of the 3rd quarter, DGW has completed 93% and 78% yearly revenue and profit targets. In particular, breakdown of the revenue for each business are as follow:
-Laptop and tablet: Although total market had fell 4,3% (GfK) up to August 2018, revenue reached 1,766 billion VND, increasing nearly 7% year on year, equivalent to 77% of year plan thanks to hi-end PC segment.
-Mobile phone: revenue reached 1,768 billion VND, up 293% compared to the same period last year, surpass excellently 1,200 billion VND of the annual plan since the 2nd quarter.
-Office equipment: growing steadily every quarter, till the end of the 3rd quarter, its revenue reached 797 billion VND, increasing 57% compared to the same period last year, reaching nearly 80% of year plan.
-Consumer goods: according Roland Berger, in the total market value of 20 billion USD, MES contributed 7 billion (2015) and would go up to 11 billion (2020) with a Compounded Annual Growth rate of 11%. Although revenue contribution from consumer goods is still minimal and even decreased, DGW still highly appreciated its potential. Therefore, DGW determined to invest and restructure product category, sales policy and distribution channel. In first 9 months, revenue reached 51 billion VND, increasing 137% over the same period last year.
In the 3rd quarter, gross revenue reached 1,742 billion VND, increasing over 52%, and after tax profit reached 36,6 billion VND, increasing 35%, compared to the same period last year.
Especially, in this quarter, DGW signed strategic partnership with HMD Global to distribute NOKIA smartphone. Mr Doan Hong Viet, CEO of DGW told that DGW would sell NOKIA's products in the 4th quarter and revenue would be recorded from the beginning of next year.

Business result in first 9 months of DGW:

Included: Báo cáo Tài chính Hợp nhất Quý III/ 2018 (Financial report-3rd quarter, 2018)

Disclaimer

Digiworld Corp. published this content on 27 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 November 2018 03:00:01 UTC


© Publicnow 2018
All news about DIGIWORLD CORPORATION
04/26Digiworld Corporation Reports Earnings Results for the First Quarter Ended March 31, 20..
CI
04/19Digiworld Corporation announces an Equity Buyback for 3,000 shares.
CI
04/14Digiworld Corporation authorizes a Buyback Plan.
CI
04/07DIGIWORLD : Post-pandemic expansion opportunities, digiworld is ready to exploit all poten..
PU
03/15Digiworld Corporation Announces Executive Changes
CI
03/10DIGIWORLD : Becomes the authorized distributor of microsoft for electronic key products (e..
PU
01/24Digiworld Corporation Reports Earnings Results for the Full Year Ended December 31, 202..
CI
01/24Digiworld Corporation Reports Earnings Results for the Fourth Quarter Ended December 31..
CI
01/24DIGIWORLD : Reports a huge profit after a year of sublime business, the annual profitfit i..
PU
2021DIGIWORLD : Signing ceremony of strategic cooperation between digiworld & whirlpool
PU
More news
Financials
Sales 2022 27 102 B 1 165 M 1 165 M
Net income 2022 816 B 35,1 M 35,1 M
Net Debt 2022 - - -
P/E ratio 2022 14,5x
Yield 2022 0,83%
Capitalization 10 147 B 436 M 436 M
Capi. / Sales 2022 0,37x
Capi. / Sales 2023 0,32x
Nbr of Employees 588
Free-Float 63,0%
Chart DIGIWORLD CORPORATION
Duration : Period :
Digiworld Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DIGIWORLD CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 119 800,00 VND
Average target price 157 297,25 VND
Spread / Average Target 31,3%
EPS Revisions
Managers and Directors
Viet Hong Doan General Director & Director
Phuong Kien Dang Chairman & Deputy General Director
Minh Bao Tran Independent Director
Tung Duy Nguyen Independent Director
Trang Hong To Director & Deputy General Director
Sector and Competitors