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)