Mobile World Investment Corporation reports 29% revenue growth

Mobile World Investment Corporation (MWG) reported a 29% year-on-year increase in revenue for the first seven months of the year, reaching 111,394 billion VND. This performance represents 60% of the company's full-year target, averaging approximately 525 billion VND in daily revenue.

Key business segments showed significant growth. The Dien May Xanh division, which operates chains including The Gioi Di Dong, Topzone, and Erablue, recorded revenue of over 75,000 billion VND. Notably, Topzone saw a 48% increase in Apple product sales. The Erablue chain in Indonesia also experienced an 89% year-on-year revenue increase.

Bach Hoa Xanh reported revenue of 33,900 billion VND, a growth of over 28%, driven by fresh food and FMCG sectors. The company expanded its footprint by opening 819 stores during this period. Additionally, MWG's retail network has expanded its service offerings, with Dien May Xanh processing 43 million utility and payment transactions valued at 65,000 billion VND.