Analyst Pin-board: DGW – 9M Results Update
In the first nine months, DGW posted an impressive growth in both revenue (VND 4,383bn, 62.6% yoy) and profit (VND 78.3 bn, 37.8% yoy). The mobile phone segment was outstanding (+294%) due to the contract with Xiaomi (started in 2017). Sales in Laptop & Tablet gained slightly (+3%) as the market has entered saturation, while Office equipment rocketed (+57%) because of more categories and clients. On the other hand, the new business - consumer goods (FMCG) is still at the very early stage of development.
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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