Digiworld plans to offer new products in the healthcare sector later this year. The FMCG and healthcare sectors are expected to create new streams of revenue for the company.

In quarter three, Digiworld Venture Co Ltd, an arm of Digiworld Corporation, acquired a 50.3% stake in CL Co Ltd, a local FMCG supplier which has a goods distribution system across the country. The deal is expected to help Digiworld venture into the FMCG market.

The corporation made VND3.82 trillion (US$168.2 million) in revenue, and over VND78 billion (US$3.4 million) in after-tax profit last year, beating its full-year targets. In quarter four alone, its revenue amounted to VND1.12 trillion, a year-on-year rise of 11.3%.

Digiworld general director Doan Hong Viet told reporters in HCMC on January 24 that the corporation expects stronger growth in revenue from cell phones this year, at roughly 60%. Notably, sales of cell phones like Xiaomi and Sharp have become major revenue sources for the firm.