Mobile World reports $2b post-tax profit in 2016

Monday, Feb 06, 2017 17:00

Mobile World Group earned nearly VND1.6 trillion in post-tax profit last year. — Photo tinnhanhchungkhoan.vn

Mobile World Group (MWG) announced its net revenue last year reached VND44.6 trillion (US$2 billion), while it earned nearly VND1.6 trillion in post-tax profit.

This was a growth of 76.7 per cent and 47.6 per cent, respectively, compared with the same period in 2015.

MWG also reported net revenue of more than VND13.8 trillion in the fourth quarter of the year, increasing 78.6 per cent compared with the same period in 2015. Its post-tax profit reached VND355.8 billion for the fourth quarter of last year, a slight year-on-year increase of 7 per cent.

MWG said it has set a goal to earn VND63 trillion in revenue this year and expressed its ambition to earn VND230 trillion in the next five years. — VNS

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