Digiworld (DGW) reports highest ever quarterly sales

Jul 23rd at 08:37
23-07-2020 08:37:03+07:00

Digiworld (DGW) reports highest ever quarterly sales

Digiworld Corporation reported record quarterly revenues of nearly VND2.6 trillion (US$112 million) in the second quarter, a 29 per cent year-on-year increase.

 

Profit after tax was up 36 per cent to VND48 billion ($2.1 million), it said.

First half revenues and profits increased 45 per cent and 55 per cent to VND4.9 trillion ($211 million) and VND93 billion ($4 million).

The company said laptop and tablets sales increased by 65 per cent during the second quarter to nearly VND1.1 trillion ($47.4 million).

It attributed this to the demand for equipment for learning and working online due to the COVID-19 outbreak.

Mobile phones sales rose 19 per cent to VND1.15 trillion ($49.5 million).

Office equipment and consumer goods sales were worth VND298 billion ($12.8 million) and VND59 billion ($2.5 million).

The company said performance indicators are at their best ever levels.

It said it is striving to achieve the year’s targets of VND10.2 trillion ($439 million) in revenues and VND202 billion ($8.7 million) in profit after tax, increases of 20 per cent and 25 per cent over last year’s figures.

Digiworld is the country’s leading market expansion services provider. 

bizhub



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