Analyst Pin-board CMG - Preliminary 1H-2022 Results: Robust Results of Global Business Division Led the Growth
- 1H-2022 (from Apr 1st to Sep 30th) results: Net sales grew by 36% YoY to VND 3,918 Bn and PBT jumped by 23% YoY to VND 246 Bn.
- In terms of 1H-2022 sales by division, Global business division posted the strongest growth of 83% YoY, followed by Technology & Solutions division (+38% YoY) and Telecom division (+22% YoY).
- For 1H-2022 PBT by division, Telecom still contributed the most (57% of the Group’s PBT), but growth has decelerated to only 3% YoY, while Global business started to gained traction after 5Y of inception in terms of both PBT growth (89% YoY) and contribution (34% of the Group’s PBT).
- The company reveals the guidance for the 2H-2022 with expectation to exceed full year PBT target by 14%.
CMC Corporation is a Vietnam-based computer systems integrator engaged in the provision of computer systems design and related services, including customized software development, as well as integrated telecommunications services, such as data center services and Voice over Internet Protocol (VoIP) services. The Company is also involved in the manufacture, trading and repair of computers, office equipment and other technology products. Other operations comprise real estate activities and the offering of computer training services. On June 16, 2014, the Company announced that it has established CMC Institute of Research and 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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