Revenue elevated by 26%, Cell World remains to be asking landlords to ‘recharge’, scale back 70% to 100% of the hire for practically 2,000 shops?

The Gioi Di Dong/Dien Might Xanh operates within the retail sector with a nationwide community of shops, so when the epidemic prevention measures have been strongly applied in July 2021, practically 2,000 World shops Cell/Dien Might Xanh is quickly closing or limiting gross sales“, the official dispatch signed by the Nationwide Gross sales Director of Cell World Joint Inventory Firm Quach Vinh Nam stated.

The content material of this dispatch is distributed to the location companions, requesting:

NO RENTAL and 100% non-payment area hire in the course of the time the store should be closed utterly, not doing enterprise in accordance with the necessary necessities of the State company.

– NO RENTAL 70% and 30% fee area hire in the course of the time the shop is restricted from promoting to coordinate epidemic prevention.

Legitimate from January 1, 2021 to August 1, 2021. The written request that the paid hire will likely be offset within the subsequent fee intervals, in addition to will apply till the lease time period expires if drive majeure happens compelled the shop to quickly shut or restrict gross sales.

Profit increased by 26%, Mobile World is still asking landlords to 'energize', reduce 70% to 100% of the rent for nearly 2,000 stores?  - Photo 1.

A part of official letter stamped Cell World Joint Inventory Firm.

That is the good assist and encouragement of our companions for TGDD/DMX in order that we will keep enterprise operations, shield jobs for tens of 1000’s of workers, and contribute to social welfare.“, the letter said.

We have now contacted Cell World to substantiate the above content material, this enterprise consultant wouldn’t touch upon the above matter.

Not too long ago, Cell World needed to ship a written clarification to the State Securities Fee and the Ho Chi Minh Inventory Alternate as a result of revenue after company earnings tax within the first 6 months of 2021 elevated by 26% over the identical interval.

One of many causes given by Cell World is that the corporate has added greater than 1,000 TGDD and DMX shops, and the income within the first 6 months of 2021 is VND62,478 billion, up 12% over the identical interval.

In addition to, the revenue margin for the 6 months of 2021 is increased than that of the identical interval, primarily because of the low comparability background, as a result of within the first 6 months of 2020, the corporate’s enterprise actions are drastically affected by the social distancing interval. First assembly in April 2020.


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