Investor Presentaiton
24
COVID-19 impact
Health
Business
Measures taken to protect employees, and to prevent the spread of the virus:
Work from home for those who are not required to be in the office.
○ Split management team to minimize risk, no more than 10 people in a room.
○ Ensure 2-meter distance in direct communication, face masks are required at all times.
From the supply side, Digiworld has limited issues as we have had air and sea transportation running
continuously, only a bit more time-consuming due to disinfection process.
From the demand side, we have seen lower demand for mobile phones due to postponed expense for the non-
necessity and office equipment as IT investment and replacement was delayed.
We had to postpone new product launches and sales for FMCG until end of June; however our sales in Q2 2020
still increased strongly.
O
Postponed every annual pay raise and subject to be reviewed after the outbreak.
Employees
Stakeholder
Support
О Stopped new recruitment and replacement are selected and subject to BOD approval.
Provided financial flexibility to customers, suppliers, or business partners:
○ We do have receivable deadline extended for some retailers.
О Also successfully requested suppliers to extend our payable.
Made donations to help fight the pandemic: 10 tons of basic necessities and VND 18m from the company and
employees.
DIGIWORLDView entire presentation