We attended DGW’s analyst meeting on November 3, during which management provided details regarding the company’s 9M 2022 results and business outlook for Q4 2022 – 2023.

Management expects DGW’s business performance to improve in Q4 2022 vs Q3 2022 due to stronger iPhone 14 sales. As such, management remains confident in its net profit guidance of VND800bn (USD35.1mn) for FY2022. Below are our detailed takeaways.