Ho Chi Minh City, January 21, 2021, Digiworld Coporation (“DGW”) announced Q4/ 2020 business result with a record-high net revenue of 4,017 billion dong since its establishment, with after-tax profit of 85 billion dong, increased 61% and 70% respectively over the previous year.
Thus, at the end of 2020, Digiworld achieved total net revenue of 12,535 billion dong, and profit after tax of 253 billion dong, increased 48% and 56% respectively over the previous year. The company, with this business result, has completed 123% of revenue plan and 125% of profit for the whole year.
In order to achieve breakthrough business result, Digiworld has made efforts to promote steady growth for all segments. In which:
Quarter 4 | ||||||
Quarter 4/2018 | Quarter 4/2019 | Quarter 4/2020 | Compared to the same period | |||
Laptops & Tablets | 635 | 724 | 1.199 | 66% | ||
Mobile phone | 587 | 1.330 | 2.228 | 68% | ||
Office equipment | 314 | 373 | 509 | 36% | ||
Consumer goods | 24 | 73 | 81 | 11% | ||
Net revenue | 1.560 | 2.500 | 4.017 | 61% | ||
Profit after tax | 32.7 | 50 | 85 | 70% | ||
For the year | ||||||
2018 | 2019 | 2020 | Compared to the same period | 2020 Plan | Proportion compared to plan | |
Laptops & Tablets | 2.401 | 2.975 | 4.350 | 46% | 3.150 | 138% |
Mobile phone | 2.355 | 3.896 | 6.384 | 64% | 4.850 | 132% |
Office equipment | 1.110 | 1.367 | 1.536 | 12% | 1.700 | 90% |
Consumer goods | 77 | 255 | 265 | 4% | 500 | 53% |
Net revenue | 5.943 | 8.493 | 12.535 | 48% | 10.200 | 123% |
Profit after tax | 110.9 | 162 | 253 | 56% | 202 | 125% |
Unit: Billion dong
In fact, in the first months of 2020, despite the impact of the COVID - 19 pandemic, thanks to the solidity of resources and business with appropriate strategic adjustments, Digiworld has stayed firmly and thrived on market.
To firmly overcome new challenges, Digiworld always focuses on the company’s 3C development strategy, which is: People - Basis - Opportunity. In which, “People” is the most important factor, the fulcrum to develop business opportunities. “Basis” is a strong financial foundation, a clear management process; “Opportunity” is capturing new opportunities for the Digiworld brand to dominate the market. This 3C strategy is a solid foundation for Digiworld to realize its orientations.
Entering 2021, Digiworld announced its business plan with revenue of 15,200 billion dong, profit of 300 billion dong, a steady increase of 49% compared to the previous year. In which, the proportion of revenue from the segments is as follows: Mobile phone segment is estimated at 7,500 billion dong, 5,000 billion dong for laptops and tablets, 500 billion dong for consumer goods and 2,200 billion dong for office equipment.
Attachment: Consolidated financial statements – Quarter 4, 2020 – Digiworld