Digiworld Joint Stock Company on Monday reported it achieved its annual profit and sales targets by November.

Profits were VND103 billion ($4.5 million), or 102 per cent of the full-year target, on revenues of VND5.5 trillion (VND241 million), well above the target.

Tablets and laptops accounted for VND2.22 trillion ($97.4 million) or 96 per cent of the sales target, but phone sales exceeded 180 per cent of the target to reach VND2.17 trillion ($95 million). Office equipment and consumer goods accounted for VND1.1 trillion ($48 million) and VND60 billion ($2.6 million), the latter being only 30 per cent of the target.

Laptops and mobile phones used to account for a major proportion of revenues in the past, but now office equipment sales are growing strongly and steadily, the company said.

DGW, established in 1997, is the authorised distributor of more than 30 global technology brands and has a distribution network of 16,000 points of sale. — VNS