Mobile World Investment Corporation (MWG) reached over VND11,000 billion revenue in 7 months
Monday, August 24,2026
AsemconnectVietnam - Mobile World Investment Corporation (stock code MWG) has just announced its updated business report for the first 7 months of the year, recording revenue of VND111,394 billion, a 29% increase compared to the same period last year and completing 60% of the annual revenue plan.
In terms of revenue structure, Dien May Xanh contributed 45%, Bach Hoa Xanh contributed 30.5%, Mobile World and Topzone contributed 22.5%, and other business segments contributed 2%.
MWG stated that Dien May Xanh Investment Corporation (including the Mobile World, Dien May Xanh, Topzone, Erablue, and Tho Dien May Xanh chains) recorded revenue of VND75.2 trillion in the first 7 months, of which the online channel accounted for 13%, a 29% increase compared to the same period last year. Growth was recorded across all major chains and product groups, primarily driven by a 30% increase in existing stores.
The company achieved qualitative growth, with all chains in Vietnam recording double-digit revenue growth despite not opening new stores. Topzone performed best thanks to a 48% year-on-year increase in Apple product sales. Major product categories recorded revenue growth of 15-35% year-on-year.
The EraBlue electronics chain (Indonesia) achieved revenue of over 2.2 trillion Rupiah, an 89% year-on-year increase, driven by 102 new stores opened in the first seven months and a 15% increase in existing stores.
Revenue from the Super App and online channels reached VND9.6 trillion, equivalent to 13% of the total revenue of the Dien May Xanh group. The number of Super App members reached 19 million, an increase of 1 million compared to the beginning of the year.
Revenue from installment purchases increased by 47% year-on-year, with installment purchases accounting for 38% of total revenue. The total value of utility payment services and banking agency services reached VND65 trillion from 43 million transactions.
For the electronics retail segment, revenue increased by 43% year-on-year, with revenue outside of electronics accounting for 11%.
At the Bach Hoa Xanh chain, MWG reported cumulative revenue of VND33.9 trillion in the first seven months of 2026, an increase of over 28% year-on-year. Growth was driven by two main product categories: fresh food and FMCG. The company opened 819 stores in the first seven months of 2026. This group of stores recorded positive operating profit at the store level, after accounting for warehousing and logistics costs.
Other chains, such as An Khang, recorded a 22% increase in revenue in the first seven months compared to the same period last year. The chain continues to improve operational efficiency and aims to contribute to the Group's profits for the entire year. AvaKids' revenue for the first seven months remained flat compared to the same period last year, as the chain focused on optimizing costs.
Source: VITIC/Bao Tai chinh – Dau tu
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