Accordingly, in fiscal year 2023, CMC successfully completed the plan. Pre-tax profit reached 461 billion VND, an increase of 15% over the same period and completing 95% and 100% of the target and baseline plans. Net revenue reached 7,342 billion VND, reaching 83% of the base plan, consolidated profit after tax reached 402 billion VND, completing 99% of the base plan.
Mr. Nguyen Trung Chinh - Chairman of the Board of Directors/Executive Chairman of CMC Technology Group - said: "Financial year 2023 is an explosive year with many events marking CMC's expansion into the international market, creating momentum for fiscal year 2024 developments”.
According to Mr. Chinh, in the coming time, CMC will continue to expand its market in key technology areas of the world such as the US and Europe (UK, Germany). The US market will be the focus market with CMC opening a corporate office in the US by the end of 2024 and setting a revenue target of 100 million USD in the next 5 years.
At the Congress, CMC also submitted to shareholders for approval the investment policy of the project "Super-scale data center" (DC Hyperscale), at the Hi-Tech Park in Tang Nhon Phu Ward, Thu Duc City, Ho Chi Minh City. Total expected investment is 7,677 billion VND. With a land use area of more than 3 hectares, CMC's goal is to build a super-large data infrastructure center and develop cloud computing and artificial intelligence technology platforms and ecosystems. big data...
With the results achieved in 2023, CMC continues with the roadmap to implement the strategy to become a world-class global digital enterprise with a scale of 10,000 - 15,000 employees by 2028. CMC's fiscal year 2024 revenue target is VND 8,824 billion, a growth of 20% compared to 2023; Profit before interest expenses, taxes and depreciation costs is 1,095 billion VND, an increase of 14% compared to fiscal year 2023.
