Mobile World's profits up

Update: December, 19/2014 - 07:42

HCM CITY (VNS) — The The Gioi Di Dong (Mobile World) Joint Stock Company has reached a post-tax profit of VND609 billion (US$29 million) after 11 months, 140 per cent of the annual target, the company has announced.

The revenue during this period was more than VND14 trillion ($666 million), as much as 108 per cent of the annual target.

In November alone, the revenue was over VND1.6 trillion ($76 million), significantly surging by 70 per cent year-on-year.

The company also announced that it will reach the target to open 350 outlets nationwide by the end of the month.

In November, it opened 19 outlets. Last Friday, the company opened four new outlets in HCM City.

CEO Nguyen Duc Tai said his company had reached all annual targets, including an expansion of their system. They had also increased sales and profits, and had improved services. — VNS