Mobile World Investment (MWG) investor relations material

Executive summary

• 1H26 net revenue was VND95,213,235,578,730 versus VND73,754,927,078,179; net profit was VND6,112,454,741,865 versus VND3,205,362,889,586, up 29.1% and 91% YoY, respectively.

• EY’s review conclusion was unmodified, with no indication the interim statements failed to present a true and fair view in all material respects under Vietnamese accounting standards.

• Online revenue accounted for nearly 10% of total 1H26 revenue.

Financial highlights

• Gross profit was VND20,519,311,511,427 versus VND14,769,111,275,361; operating profit was VND7,381,560,921,796 versus VND3,981,455,534,335.

• Profit before tax was VND7,360,580,797,924 versus VND3,962,866,142,596; net profit attributable to parent shareholders was VND6,016,977,826,118 versus VND3,194,083,337,645.

• Total assets were VND104,914,963,643,071 at 30 June 2026 versus VND83,945,619,612,034 at period start; equity was VND36,351,326,250,442 versus VND33,176,117,374,577.

• Net cash from operating activities was VND3,574,848,776,785 versus VND3,932,195,523,891; cash and cash equivalents ended at VND4,678,600,961,443.

• 1H26 revenue mix by business category: phones, accessories and other ICT devices 35.6%; food and FMCG 29.7%; consumer electronics 29.2%; other 5.5%.

Outlook and guidance

• 1H26 achieved 51% of the FY2026 net revenue target of VND185 trillion and 66% of the FY2026 net profit target of VND9.2 trillion.