Mobile World Investment stock, MWG

Mobile World Investment stock posts record Q3 profit

Published on 11/11/2026 at 01:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mobile World Investment stock drew attention after a record quarterly profit. Nine-month earnings already exceeded the company's full-year target.

Profit target cleared early

  • Mobile World Investment's nine-month revenue rose 30 percent year over year.
  • Bach Hoa Xanh and electronics retail remained the main operating growth drivers.
  • Fourth-quarter demand and new Apple products are the next reported revenue catalysts.
Mobile World Investment stock, MWG, third-quarter earnings, Vietnamese retail, Bach Hoa Xanh, Illustration mit AI erstellt.

Mobile World Investment reported a record third-quarter profit on October 28, with consolidated after-tax profit reaching VND 3.521 trillion, according to Vietnam.vn. Revenue rose 32 percent year over year to more than VND 52.6 trillion, while quarterly profit nearly doubled from the year-earlier period.

Nine-month profit beats plan

For the first nine months, revenue climbed 30 percent to about VND 147.827 trillion. After-tax profit increased 93 percent to VND 9.634 trillion, exceeding the full-year target of VND 9.2 trillion by nearly 5 percent with one quarter still remaining.

The result was supported by the company's electronics and mobile-phone retail operations as well as Bach Hoa Xanh, its food and fast-moving consumer goods chain. Electronics-related businesses generated nearly VND 99.2 trillion in nine-month revenue, up 29 percent, while Bach Hoa Xanh revenue rose nearly 34 percent to VND 45.9 trillion.

Store growth and demand outlook

Bach Hoa Xanh expanded to 3,904 outlets by the end of September, compared with 2,559 at the start of the year. The company said stores opened during 2026 had reached positive store-level operating profit after depreciation and warehousing costs.

Mobile World also operates in Indonesia through EraBlue, whose nine-month revenue rose 86 percent year over year in Indonesian rupiah. Management expects year-end purchasing demand and new Apple products, including the iPhone Duo, to support fourth-quarter sales.

Company and competitive position

Mobile World Investment is a Vietnamese retailer operating mobile-phone and electronics chains, the Bach Hoa Xanh grocery chain and An Khang pharmacies. Its investor-relations website says the group has operated for more than two decades across Vietnam and Indonesia, with more than 7,500 stores and 75,000 employees. The multi-category model gives the group exposure to both discretionary electronics demand and recurring food and consumer-goods purchases.

Mobile World Investment at a glance

  • Company: Mobile World Investment Corporation
  • Headquarters: Ho Chi Minh City, Vietnam
  • Business: Electronics, mobile phones, groceries and pharmacies
  • Network: More than 7,500 stores across Vietnam and Indonesia
  • Employees: More than 75,000

Vietnamese retail shares remain focused on year-end consumption trends. Current market reports provide the broader market context.

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