Digiworld Corporation (DGW) has officially announced its consolidated business results for the first quarter of 2025, reporting a net revenue of VND 5,519 billion, an increase of 11% compared to the same period in 2024. Net profit after tax reached VND 106 billion, marking a 15% year-over-year growth.

Digiworld’s Q1/2025 performance continues to reflect the company’s diversified and efficient business operations, with positive contributions from multiple product segments:

Laptop and Tablet:
Revenue from this segment reached VND 1,391 billion, a strong growth of 22% compared to the same period last year. This performance was driven by a broad product portfolio featuring well-established and popular brands such as Acer, Dell, Lenovo, and Asus, along with two new introduced brands —MSI and Gigabyte. Digiworld effectively captured market demand for high-performance laptops with attractive designs.

Mobile Phone:
Amid economic downturn and rising inflation, consumers have become more cautious with spending, particularly on high-end technology products. This trend impacted revenue from the mobile phone segment, which recorded VND 2,235 billion—a slight decline of 8% year-over-year. Flagship products such as the iPhone and Xiaomi’s premium lines were particularly affected.

Office Equipment:
In contrast, the office equipment segment experienced strong growth, generating VND 1,273 billion in revenue—up 26% compared to Q1/2024. The primary growth drivers were PC Client products, which surged by 70%, and IoT devices such as monitors, servers, printers, smartwatches, and headphones, which collectively grew by 47%. Digiworld has effectively met the increasing demand from businesses and individual users seeking to upgrade their work and entertainment setups.

Home Appliances:
Home appliances remained a standout category for Digiworld, with revenue increasing by a remarkable 90% year-over-year to reach VND 401 billion. 1^st quarter is traditionally a peak season for home appliance purchases in preparation for the Lunar New Year. Additionally, partnerships with reputable brands such as Philips contributed significantly to the segment’s impressive growth.

Consumer Goods:
Consumer goods also made a positive contribution to Digiworld’s overall performance, with revenue reaching VND 220 billion—a 20% increase compared to the same period last year. This growth was driven by both existing FMCG and pharmaceutical brands, as well as the newly appointed on-trade distribution channel by ABInBev, which commenced in Q3/2024.

Quarter 1/2025 (unit: Billion VND)

Despite global economic challenges in Q1/2025 — including recessionary pressures and inflation that constrained consumer spending, particularly on non-essential goods—Digiworld’s results demonstrate a resilient and flexible business strategy. Looking ahead, Digiworld remains committed to its strategic direction and will continue to expand its distribution network to promptly meet market demand, reinforcing its leading position in technology and consumer product distribution.