Vietnam’s largest mobile phone retail chain Mobile World’s profits up
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The Gioi Di Dong (Mobile World) Joint Stock Company, Vietnam’s largest mobile phone retail chain, has reached a post-tax profit of VND609 billion (USD29 million) after 11 months, 140 percent of the annual target, the company has announced.
The revenue during this period was more than VND14 trillion (USD666 million), as much as 108 percent of the annual target.
The company also announced that it will reach the target to open 350 outlets nationwide by the end of the month.
Questions & Answers
Q.How much profit has Mobile World made in the last eleven months?
How much profit has Mobile World made in the last eleven months?
Mobile World achieved a post-tax profit of VND609 billion (USD29 million) over an eleven-month period. This figure represents 140 percent of the company's annual profit target.
Q.What was the total revenue for Mobile World during the same eleven-month period?
What was the total revenue for Mobile World during the same eleven-month period?
The revenue generated by Mobile World over the eleven months was more than VND14 trillion (USD666 million). This amount significantly exceeded their annual target, reaching 108 percent.
Q.How many new retail outlets is Mobile World planning to open by the end of the current month?
How many new retail outlets is Mobile World planning to open by the end of the current month?
Mobile World intends to open a total of 350 new outlets across the country by the end of the month. This expansion effort is part of their broader national growth strategy.
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