Report

Analyst Pin-board CMG – Thanks to CMG's core businesses, revenue and profitability in 2021 grew significantly

  • In FY 2021 (ending March 31st, 2022), CMG recorded impressive business results, revenue and PBT growth of 21% YoY and 27% YoY thanks to the high growth of the three main fields of business, respectively. In which, Technology and Solutions/Global Business/Telecommunication recorded PBT growth of 15% YoY/634% YoY/14% YoY, respectively.
  • CMG’s target revenue and PBT grow 21% and 29%, respectively.
  • CMG has already entered the segment of Education & Research after successfully M&A A Chau University (Hanoi) in February 2022.

CMC Corporation (HOSE: CMG) is an information technology enterprise operating in the fields of telecommunications, system integration, software production and IT service assembly distribution.

CMG’s three main segments are Telecommunication, Global business and Technology & Solutions. In addition, CMG has expanded into the field of Education & Research, through its M&A deal with A Chau University in February 2021. Thereby, the structure of CMG is quite similar in structure to another IT company named FPT, but the size is smaller.

Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Son Tran

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