MobiFone achieves 1,958 billion VND in profit after tax in 2023

In 2023, MobiFone announced that the parent company's total revenue reached VND 25,995 billion, and after-tax profit reached VND 1,958 billion.

MobiFone has completed the tasks

Completing plans and targets In 2023, the parent company's total revenue reached VND 25,995 billion, and after-tax profit reached VND 1,958 billion. In addition, MobiFone's general solvency index reached 3.49; debt-to-equity ratio reached 0.4, showing that this network operator ensures financial safety. Faced with the reality that the traditional telecommunications market is saturated, revenue tends to decrease, the problem is to find and promote other sources of revenue to compensate. Accordingly, in 2023, the network operator's revenue from new space services will reach VND 1,036 billion, an increase of 35% compared to 2022. New space services include the following services: Cloud computing and data center; Digital payment; Digital security; IoT; Platform services on digital content, digital education, agriculture, digital games, digital advertising, digital healthcare... In 2023, the network operator received many prestigious awards: 5 awards for digital platforms, digital services, digital solutions and pioneering national information technology products at the Sao Khue Awards 2023; "Typical telecommunications service provider in customer care and mobile broadband promotion program"; Top 100 most valuable brands in Vietnam 2023 organized by Brand Finance; Top 10 enterprises providing digital transformation services and solutions in 2023,... 3 main pillars In 2023, the network operator implemented a development strategy on 3 main pillars: Digital infrastructure, Digital solutions/Digital platforms and Digital content services. The Corporation promotes the "Make in MobiFone" orientation, increases production, continuously launches new platforms/solutions, upgrades existing products to improve the quality of life of customers. "Make in MobiFone" products are invested in development and quality improvement aimed at both individual customers (online learning solution mobiEdu, smart agriculture platform mobiArgi, convenient travel application Smart Travel...) and corporate customers (online meeting MEET, electronic invoice Invoice, electronic contract eContract...). Among them, the mobiEdu and MEET platforms have been recognized by the Ministry of Information and Communications as potential national digital platforms. MobiFone focuses on applying the achievements of new technologies (BigData, AI, cloud computing...) to build highly personalized ecosystems to serve the needs of customers. The network operator optimizes 4G speed, while preparing conditions for 5G commercialization, applying new technology solutions and modern techniques to optimize network quality, bringing a smooth Internet experience to customers. All customer needs such as entertainment, education, shopping, registering for packages/services, redeeming points - refunding money... are met quickly and accurately by the network operator with an ecosystem of exclusive applications that can be experienced on multiple platforms. In 2024, the network operator will continue to implement smart business strategies, focusing on maintaining and developing the market share of mobile telecommunications services to grow and expand its scale of operations. The network operator plans to focus resources on developing 5G coverage to ensure an enhanced high-speed Internet experience for users. MobiFone also continues to promote business in the New Space field, applying high-tech systems and platforms such as artificial intelligence (AI), BigData... to personalize customer service experiences, proactively leading Vietnamese enterprises in the context of strong digital transformation. With all the above efforts, the network successfully marked its transformation from a traditional telecommunications enterprise to a technology enterprise, making many remarkable contributions to the country's digital transformation while effectively implementing the "Program to promote the development and use of national digital platforms to serve digital transformation, develop digital government, digital economy, digital society" of the Ministry of Information and Communications. The network has been clearly demonstrating the spirit of Speed ​​- Innovation - Professionalism - Efficiency, aiming to become a technology enterprise with the leading digital infrastructure in Vietnam.

HOA VINH

Source: https://tuoitre.vn/mobifone-dat-1-958-ty-dong-loi-nhuan-sau-thue-nam-2023-20240601162007542.htm