Mobile World Investment stock posts record Q3 profit of VND 3.5 trillion

Published on 10/31/2026 at 01:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mobile World Investment stock drew attention after a record quarterly profit and stronger retail momentum. Nine-month earnings already exceeded the full-year target.

Profit Momentum and Retail Expansion

Mobile World Investment increased nine-month revenue by 30 percent and after-tax profit by 93 percent.
Bach Hoa Xanh revenue rose nearly 34 percent as the grocery chain expanded to 3,904 stores.
The company expects new Apple products and year-end demand to support fourth-quarter sales.

Mobile World Investment, VN000000MWG0, Illustration mit AI erstellt.

Mobile World Investment reported a record third-quarter after-tax profit of more than 3,521 billion Vietnamese dong, nearly double the year-earlier result, according to Vietnam.vn. The result was the highest quarterly profit reported by the company and came with third-quarter revenue of more than 52,600 billion Vietnamese dong, up 32 percent year over year.

Nine-month results exceed target

For the first nine months of 2026, revenue reached nearly 147,827 billion Vietnamese dong, an increase of 30 percent from the same period a year earlier. After-tax profit rose 93 percent to 9,634 billion Vietnamese dong, exceeding the full-year target of 9,200 billion Vietnamese dong with one quarter still remaining.

The revenue mix remained led by the electronics and appliance operations. The Dien May Xanh group, including the thegioididong.com, Dien May Xanh, TopZone and EraBlue chains, generated nearly 99.2 trillion Vietnamese dong in nine-month revenue, up 29 percent. Same-store sales rose 30 percent, while installment purchases represented about 38 percent of group revenue.

Expansion broadens the growth base

Bach Hoa Xanh added another growth pillar, with nine-month revenue of 45,900 billion Vietnamese dong, up nearly 34 percent. The grocery chain had 3,904 outlets at the end of September, compared with 2,559 at the beginning of the year. Stores opened in 2026 achieved positive operating profit at store level after depreciation and warehousing and logistics costs, according to the report.

In Indonesia, the EraBlue chain generated 4.635 trillion Indonesian rupiah in nine-month revenue, an 86 percent year-over-year increase in local currency. It opened 156 stores during the period and recorded a 13 percent increase in sales at existing locations.

Business model and competitive position

Mobile World Investment operates consumer electronics, mobile phone, appliance, grocery and pharmacy retail chains in Vietnam and Indonesia. Its portfolio includes the thegioididong.com, Dien May Xanh, TopZone, EraBlue, Bach Hoa Xanh, An Khang and AVAKids brands. The company says its network exceeds 6,200 points of sale and employs more than 65,000 people, giving it broad physical coverage across its two markets. Its combination of electronics retail, essential-goods stores and pharmacy operations makes it more diversified than a pure electronics chain.