External broker reports(aggregated public sources), Rong Viet Securities

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External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>DGW’s Q1-2025 results were in line with analyst expectations: net revenue reached VND 5,519 bn (+10.7% YoY), NPAT-MI at VND 106 bn (+14.6% YoY), driven by market share gains in laptops &amp; tablets offsetting mobile phone declines (mainly Apple), along with continued expansion in office equipment &amp; home appliances (notably adding Philips to its portfolio). </li><li>These two higher-margin segments helped lift EBIT margin by 103bps to 3.4%.</li><li>However, their impact on net margin was offset by a one-off financial expense of VND 76 bn, keeping net margin flat YoY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

DGW’s Q1-2025 results were in line with analyst expectations: net revenue reached VND 5,519 bn (+10.7% YoY), NPAT-MI at VND 106 bn (+14.6% YoY), driven by market share gains in laptops &amp; tablets offsetting mobile phone declines (mainly Apple), along with continued expansion in office equipment &amp; home appliances (notably adding Philips to its portfolio). These two higher-margin segments helped lift EBIT margin by 103bps to 3.4%.However, their impact on net margin was offset by a one-off financial expense of VND 76 bn, keeping net margin flat YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

DIGIWORLD CORPORATION (GW) - Many Little Makes a Mickle

Digiworld Corporation

DIGIWORLD CORPORATION (GW) - Many Little Makes a Mickle