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Winner, Winner: The Chicken McNugget Story
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Mobile World Investment
Mobile World Investment (MWG) investor relations material
Mobile World Investment Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary28 Oct, 2026
Executive summary
9M26 net revenue was VND147,826,814,378,941, up 30% YoY, and profit after tax was VND9,633,589,009,771, up 93% YoY.
9M26 results reached 80% of the FY26 revenue target of VND185,000 billion and 105% of the VND9,200 billion NPAT target.
The retail network totaled 7,777 stores at 3Q26-end, including 3,340 Dien May Xanh and 3,904 Bach Hoa Xanh stores.
Financial highlights
9M26 revenue was VND147,826,814,378,941 and gross profit VND31,940,577,477,871, versus VND113,607,434,230,825 and VND22,247,298,153,261 in 9M25.
9M26 operating profit was VND11,629,553,849,422, pretax profit VND11,599,674,025,248 and parent-attributable profit VND9,111,243,938,690.
Q3 net revenue was VND52,613,578,800,211 and profit after tax VND3,521,134,267,906, versus VND39,852,507,152,646 and VND1,783,665,633,985 in Q3 2025.
Revenue mix by chain: Dien May Xanh 44.1%, Bach Hoa Xanh 31%, thegioididong 22.9%, TopZone 2%; by category: ICT 37%, fresh food and FMCG 31%, consumer electronics 26.6%, other 5.4%.
Finance income was VND2,977,709,750,747, including VND2,614,649,143,174 from deposits, lending and investments; finance expenses were VND1,340,495,612,291.
Outlook and guidance
FY26 targets are VND185,000 billion revenue and VND9,200 billion NPAT; 9M26 completion stood at 80% and 105%, respectively.
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Latest events from Mobile World Investment
- FY2021 growth and record January sales set the stage for ambitious 2022 targets.MWG
Q4 2021 - October revenue rebounded to VND12,000bn as stores reopened and Topzone launched.MWGQ3 2021
- Q1 revenue grew 18%; TGDD and DMX led while BHX continued its recovery.MWGQ1 2022
- 1H revenue grew 13%, while BHX restructured its network amid a tough comparison base.MWGQ2 2022
- FY22 revenue grew, but profit fell short; FY23 hinges on a late demand recovery.MWGQ4 2022
- 9M revenue rose 18%; BHX reached EBITDA breakeven in October.MWGQ3 2022
- October returned to YoY growth as 9M profit remained sharply lower.MWGQ3 2023
- Q1 profits plunged, but BHX grew and April revenue rebounded over 20% MoM.MWGQ1 2023
- Revenue and profit contracted sharply in 1H23 as BHX improved and 2H cost and pricing actions took priority.MWGQ2 2023
- FY2023 earnings plunged, while Bach Hoa Xanh reached break-even ahead of 2024 targets.MWGQ4 2023
Next Mobile World Investment earnings date
Q4 202622 Jan, 2027
Mobile World Investment
Next Mobile World Investment earnings date
Q4 202622 Jan, 2027
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Frequently asked questions
Mobile World Investment Corporation (MWG), established in 2009, is a multi-category retail platform in Vietnam, known for its Omni-channel retail strategy. The corporation operates thousands of stores across the country, and its ecosystem includes several retail chains such as The Gioi Di Dong (mobile phones and accessories), Dien May Xanh (consumer electronics), Bach Hoa Xanh (fresh food and essentials), and others, serving a wide range of customer needs. The company is headquartered in Binh Duong, Vietnam, and its shares are listed on the Ho Chi Minh Stock Exchange.