PRODUCTS & SERVICES

First 8 months of 2017, the CMC continues profit growth of 40% yoy

Dec 26, 2017

Stitching November 30, the first 8 months of financial year 2017 (1/4 / 2017-30 / 11/2017), the target revenue and profit of CMC are recorded growth stick to the plan. Total revenue reached 3.426 billion the Group; growth of 11% over the same period last year. Total profit reached 188 billion the Group, 40% growth over the same period.

Stitching November 30, the first 8 months of financial year 2017 (1/4 / 2017-30 / 11/2017), the target revenue and profit of CMC are recorded growth stick to the plan. Total revenue reached 3.426 billion the Group; growth of 11% over the same period last year. Total profit reached 188 billion the Group, 40% growth over the same period.

Accordingly, the growth of the CMC in the first 8 months of the contribution primarily from two core areas are Information Technology and Telecommunications. Specific Information Technology sector reached 2.429 billion revenue; growth of 10% over the same period and reached 64 billion profit; growth of 25% over the same period. Reaching 934 billion cubic Telecommunications revenue; growth of 14% over the same period and reached 111 billion profit, up 45% over the same period.

Continue to maintain growth momentum, the expected cumulative to the third quarter 2017, reaching 4,218 billion CMC Group 209 billion in revenue and profits. Results completed 114% revenue plan 3Q and 17.1% growth compared to the same period last year. Results 120% profit plan 3Q and 25% growth compared to the same period last year.

Given the volatility in the stock CMG last time, the business results expected in 2017 CMC has been recorded fully satisfactory and sustainable. Expected in 2017, total revenue reached 5.400 billion CMC Group, 13.6% growth over the same period and completed 111% of the plan. CMC Group gross margin rolling landmark 280 billion, 31.7% growth yoy and 117.5% of the planned completion year.

 Two areas of Information Technology and Telecommunications is expected to complete the plan laid out in terms of revenue and profitability.

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In recent years, CMC has also invested heavily focused technological capabilities, technical infrastructures and market development impetus for future growth include:

With the field of integration to promote the development of technology solutions Cloud and Security, the launch of the operating center network security (SOC) integrated artificial intelligence & technology automation first in Vietnam to current investment in sync and ready applications, developed the latest technology in the digital era

 With the field of software and IT services, CMC has implemented the strategy of “Go Global” to expand into international markets ambitious, with the establishment of CMC Global and CMC Japan, set revenue targets overseas market accounting for 40% of total revenue of the Group,

Field of Telecommunications also showed themselves vigorously by launching cable line Trans-Asia has a total length with a total investment of nearly 500 billion and launched Data Center consumption 3rd Tier 3 in Hanoi, PCI DSS security standards.

Last December, the CMC inception CMC Innovative Space, the headquarters of the CMC in the southern part of District 7, Ho Chi Minh City, with the scale of approximately 1 hectare, the total investment of nearly 500 billion project complex including data center standard Tier 3, Center for software development and IT services, R & D of new technology 4.0, Center for training and development of technological resources … when completed will create capacity solution provider of IT services, telecommunications, large-scale, motivating growth in revenue and profitability in the future.

This point is the positive signal, confirming the sustainable development of the Group CMC in the coming time.