Dien May Xanh (DMX) achieves VND54,644 billion revenue after 5 months
Wednesday, June 17,2026
AsemconnectVietnam - Dien May Xanh Investment Joint Stock Company (DMX) has just announced its business results for the first 5 months, with all indicators showing strong growth compared to the same period last year.
Specifically, the company recorded consolidated revenue of VND54,644 billion in the first 5 months of 2026, a 33% increase compared to the same period last year and completing 45% of the annual plan. This result was supported by consistent revenue growth across retail chains, along with strong expansion in the Indonesian market.
According to the newly released report, DMX's revenue growth comes from a 33% increase in same-store sales growth (SSSG), while chains in Vietnam maintained double-digit growth despite not opening new stores.
In terms of revenue structure, Topzone performed best with a 38% year-on-year increase, accounting for 4% of total revenue; Dien May Xanh increased by 33%, accounting for 67% of total revenue; and Thegioididong.com increased by 30%, accounting for 29% of total revenue.
In terms of product structure, Apple phones increased by 55% year-on-year, air conditioners by 55%, household appliances and laptops both increased by 40%, refrigerators by 40%, etc.
Revenue from installment purchases increased by 49%, accounting for 39% of total revenue, continuing to be an important driver of purchasing power. Dien May Xanh's revenue reached VND1,584 billion, a 49% increase year-on-year; revenue through Super App and online sales reached VND6,013 billion, accounting for 11% of total revenue.
In Indonesia, the Erablue chain recorded a 93% year-on-year increase in revenue, reaching 1.56 trillion Indonesian rupiah, with 245 stores in operation, an increase of 138 stores compared to the previous year. The target is to reach 500 stores by 2027 and 1,000 stores by 2030.
DMX management stated that Q2/2026 business results are expected to be more positive than Q1/2026 due to improved consumer demand, the peak season for electronics sales, the 2026 World Cup, and the increasing contribution from new growth drivers such as consumer finance, utility services, Dien May Xanh (Electronics Technician), Super App, and Erablue.
For the whole of 2026, the company expects to continue maintaining a high growth rate with revenue increasing by approximately 30% compared to 2025, while after-tax profit is expected to increase by approximately 50%. This represents outstanding growth compared to the average for the retail industry, reflecting the effectiveness of the strategy to expand the consumer ecosystem and explore new business segments.
In 2026, DMX plans to achieve revenue of VND122,500 billion. With the results achieved in the first five months and positive prospects for the remaining quarters, the company is on track to achieve its growth target.
N.Nga
Source: VITIC/Dau tu Chung khoan
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