Digiworld Corporation - “DGW” announces business results in the first quarter of 2021 with the highest net revenue and post-tax profit ever at VND 5,007 billion and VND 107 billion, respectively. The revenue increases 117%, and pre-tax profit records a sharp increase of 137% over the same period of the first quarter of 2020.
Therefore, only for the first 3 months of 2021, Digiworld has excellently reached more than one third of the way - reaching 33% of net revenue and 36% of post-tax profit in accordance with the set business plan of 2021 – VND 15,200 billion in revenue and VND 300 billion in profit. Digiworld achieves such outstanding growth in the first quarter of 2021 thanks to the contribution of core industries. Specifically, as follows:
The first quarter
The first quarter of 2019
The first quarter of 2020
The first quarter of 2021
Laptops and tablets
Unit: VND billion
In the first few months of 2021, Vietnam is able to control the Covid-19 epidemic, but in the world, the technology and electronic goods production industries have been still affected. Making challenges become opportunities, Digiworld has promoted its strengths which are nearly 25 years of experience in the distribution sector and one of two TOP technology product distributors in Vietnam, to continue its growth and development momentum and gained breakthrough results.
To firmly conquer new challenges, Digiworld always focuses on the Company's 3C development strategy, which is: Con nguoi (People) - Co so (Basis) - Co hoi (Opportunities). In which, "People" is the most important factor, the fulcrum to develop business opportunities. "Basis" is a strong financial foundation and clear management process; "Opportunities" is capturing new opportunities for Digiworld to dominate the market. This 3C strategy is a solid foundation for Digiworld to realize its orientations.
In the following quarters, Digiworld will continue to work actively to achieve the revenue of VND 15,200 billion and profit of VND 300 billion as set out in the business plan of 2021. At the same time, Digiworld will pursue the target of reaching a growth of 25% each year and becoming a "billion-dollar company" which was previously achieved. In such development orientation, the revenue proportion of the following industries: Mobile phone industry is estimated at VND 7,500 billion; laptops and tablets are estimated at VND 5,000 billion; consumer goods industry is estimated at VND 500 billion and office equipment industry is estimated at VND 2,200 billion.