AsemconnectVietnam - Dien May Xanh Investment Joint Stock Company announced its business results for the first three months of 2026 with revenue reaching VND32,416 billion, a 33% increase compared to the same period last year and completing 26% of the annual plan.

Regarding the revenue structure by chain, the Dien May Xanh chain contributed 66% of total revenue; the The Gioi Di Dong chain accounted for 30% of total revenue; and the Topzone chain accounted for 4% of total revenue.
Furthermore, in terms of store network, in the first three months of 2026, Dien May Xanh Company opened 31 new stores, bringing the total to 3,232 stores. Of these, the Dien May Xanh chain decreased by 2 stores to 2,006; the The Gioi Di Dong chain increased by 2 stores to 929; and the TopZone chain maintained 85 stores. And the Erablue chain (Indonesia) increased by 31 stores, bringing the total to 212 stores.
It is known that Mobile World Investment Corporation (MWG – HOSE) is undergoing restructuring in its business sectors with four main pillars. Specifically, Mobile World owns 98.95% of the capital of Dien May Xanh Investment Joint Stock Company, which owns the Mobile World, Dien May Xanh, Topzone, Erable, and Tho Dien May Xanh chains; Mobile World owns 94.99% of the capital in BHX Tech & Investment, which owns the Bach Hoa Xanh chain; Mobile World owns 100% of the capital in An Nhi Investment, which owns Avakids Trading (AVAkids); and owns 100% of Thien Tam Investment, which owns An Khang pharmacy chain.
Previously, at the end of February 2026, Dien May Xanh Company held its 2026 Annual General Meeting of Shareholders (the first before the IPO). The company approved a revenue plan of VND122,500 billion, an increase of 11.9% compared to the same period last year, and an expected after-tax profit of VND7,350 billion, an increase of 26.7% compared to 2025. Furthermore, in 2027, revenue is projected to increase by 10.2%, reaching VND135,000 billion, and after-tax profit is expected to increase by 15.3%, reaching VND8,472 billion.
(The rest of the text is incomplete and unclear.) For its initial public offering (IPO), Dien May Xanh plans to offer 16.3% of its total outstanding shares, equivalent to a maximum of 179,500,400 shares. The offering price will be determined by the Board of Directors but will not be lower than the book value determined in the 2025 audited financial report, which is VND16,163 per share.
The IPO is expected to take place in 2026, after approval from the State Securities Commission.
The funds raised will be used to repay short-term loans to credit institutions, with disbursement expected in 2026.
N.Nga
Source: VITIC/Tinnhanhchungkhoan