In 2Q19, net revenue reached VND 2,006bn, achieving all-time high quarterly revenue in the Company’s history, growing 46% YoY. In general, such robust growth came from every businesses: (1) Laptops & tablets; (2) Mobile phones; (3) Office Equipment; and (4) Consumer goods:
– Laptops and tablets: sales growth thanks to market share expansion and an increase in average selling price during the period.
– Newly launched phone models such as Redmi 7, Redmi note 7, Mi 9, Mi 9 SE, Nokia 3.2 …. has contributed to Mobile phones sales growth of 49% YoY, hence boosted mobile phone market share to 8%.
– Office equipment: continued to grow 24% YoY, reaching VND 322bn with the main growth driver coming from Digital Transformation trend among SMEs community.
– Consumer goods: revenue surged at 214%, reaching VND 63bn thanks to newly signed contracts.