Digiworld Corporation (“DGW”) has announced its business results for Q1/2026, delivering exceptional growth in both revenue and profit. The company recorded VND 8.5 trillion in revenue, up 54% year-on-year, and VND 200 billion in profit, marking an impressive 89% increase compared to Q1/2025. Gross profit margin improved from 8.71% to 9.45%.

Kicking off 2026 with strong momentum, Digiworld achieved outstanding results, fulfilling 27% of its full-year revenue target and 30% of its profit target in just the first quarter. Key growth drivers included laptops & tablets, home appliances, and office equipment. Meanwhile, the mobile phone segment, despite entering a saturation phase, still maintained modest growth of 2% and remained a major contributor to overall revenue.

Breakdown of Digiworld’s core business segments in Q1/2026:

• Laptops & Tablets: Revenue surged by 102% year-on-year to VND 2,803 billion, with strong growth across all brands. This segment continued to lead, accounting for 33% of total revenue. The performance reflects robust demand for electronic devices, driven by rising component prices due to RAM and memory chip shortages, which accelerated upgrade and early purchasing trends among both consumers and enterprises.
• Mobile Phones: Contributing 27% of total revenue, the segment recorded VND 2,278 billion in revenue, up 2% year-on-year, indicating signs of market saturation.
• Office Equipment: Delivered breakthrough growth of 92% year-on-year, reaching VND 2,447 billion and accounting for 29% of total revenue, ranking second after laptops. This segment benefited from increased investment in IT infrastructure and AI, particularly in servers and enterprise solutions.
• Home Appliances: Maintained strong growth momentum at 80% year-on-year, generating VND 722 billion and contributing 8% to total revenue. Growth was driven by the Company’s continuous expansion of its distribution network and rising demand for smart, user-friendly home appliances.
• Consumer Goods: Including beverages, personal care products, and medical nutrition, this segment grew by 14% year-on-year to VND 250 billion, contributing 3% of total revenue.

Unit: VND billion

Amid a clear recovery cycle of Vietnam’s ICT market following a period of slowdown, demand for technology investment continues to be driven by digital transformation, AI adoption, and device upgrade trends across both enterprises and consumers. In particular, segments such as personal computers and office equipment are expected to maintain strong growth momentum in 2026, supported by the convergence of technological advancements, policy support, and rapidly evolving consumer behavior.

Capitalizing on these trends, Digiworld continues to leverage its Market Expansion Services (MES) model by proactively optimizing its product portfolio, expanding its partner ecosystem, and enhancing operational efficiency. The strong performance in Q1/2026 not only reflects the Company’s agility in navigating market fluctuations but also underscores its solid foundation for sustainable growth. This serves as a key steppingstone for Digiworld to accelerate in the coming quarters, achieve its full-year targets, and further strengthen its position as a leading market expansion partner in Vietnam.