News about DGW

VN-Index reversed to gain in the afternoon session on Oct. 28, closing around 1,767 points, up 4.78 points (0.27%), led by banks, though liquidity remained below the previous week's average. Digiworld (DGW) shares hit the floor at 42,350 VND despite third-quarter net revenue of 11,022 billion VND (up 49%) and after-tax profit of 276 billion VND (up 66%). At Novaland (NVL), the sister of chairman Bùi Cao Nhật Quân registered to buy 30 million shares (about 312 billion VND) from Nov. 2 to Nov. 13, while CEO Dương Văn Bắc registered to sell over 10.6 million shares. The same day, the National Assembly debated draft amendments to the Securities Law, with Finance Minister Ngô Văn Tuấn stressing the goal of protecting investors' legitimate rights and interests.

Digiworld (DGW) reported third-quarter 2026 net revenue of VND 11,022 billion, up 49%, and after-tax profit of over VND 278 billion, up 65%. For the first nine months, revenue reached VND 26,796 billion and after-tax profit reached VND 789 billion, double the same period last year. The company has completed about 85% of its full-year revenue plan and exceeded its after-tax profit target of VND 660 billion by nearly 20%. Its securities investments, however, posted a net loss of nearly VND 8 billion from settled trades, and the cost of its stock portfolio fell over 74% from the start of the year to nearly VND 200 billion. Digiworld held over VND 695.8 billion in bank and corporate bonds at September 30, including more than VND 100.4 billion in bonds from Cần Giờ Urban Tourism JSC, a Vingroup subsidiary, at 10.5% annual interest maturing on November 6, 2026.

Shares of Digiworld (DGW), a distributor of Apple, Xiaomi and other tech brands, reversed from gains to hit the floor price after the company reported strong third-quarter results. Nine-month revenue rose 44% to over 26,800 billion VND and after-tax profit rose 102% to 785 billion VND; Q3 phone sales topped 2,800 billion VND, helped by new Xiaomi and Apple models including iPhone 18 Pro. Yet the stock fell to 42,350 VND in the last 30 minutes with no buyers left, after a steady rise beforehand, and the article suggests profit-taking near elevated price levels may be behind the drop. VIX Securities had rated the stock 'positive' with a target price of 58,346 VND, nearly 38% above the current price. DGW was among the 10 stocks with the most negative impact on the VN-Index, which still edged up to 1,766 points on large-cap gains.

Digiworld (DGW) reported record quarterly revenue of an estimated 10,757 billion VND in Q3, up 46% year on year. Nine-month revenue exceeded 26,500 billion VND, up 42% and reaching about 84% of its full-year 2026 revenue plan. Growth was broad-based across core and newly expanded categories, with office equipment up 101% to 3,033 billion VND on demand for infrastructure and AI-related servers carrying Nvidia's latest chips, and mobile phones up 42% to 2,771 billion VND. The company will pay over 220 billion VND as the first 2026 dividend tranche, at 10%, on October 16, with two more tranches totaling 20% to follow.