Vietnam retail sector leads Q3 earnings growth, mid-caps yield highest returns: brokerage
Earnings of stock exchange-listed companies in Vietnam are estimated to rise 18.8% year-on-year in Q3/2024, with the retail sector taking the lead, according to a report by Hanoi-based VnDirect Securities.
Finance - Fri, November 8, 2024 | 12:02 pm
Vietnamese retailers win big in H1, embrace recovery through 2025
Major Vietnamese retailers have achieved significant business performances in the first half of this year, driven by market recovery.
Companies - Tue, August 6, 2024 | 9:23 pm
Retail giant Mobile World lays off nearly 6,000 employees in H1
Mobile World Investment Corporation (MWG) cut 5,936 employees in the first half of this year, raising the total number of employees laid off as of June 30 to 59,478.
Companies - Sun, August 4, 2024 | 6:07 pm
Stock price of retail major Mobile World hits 2-year high
In the first trading session of July, the Ho Chi Minh Stock Exchange-listed retail giant Mobile World Investment Corporation, MWG, hit a record high since September 2022.
Companies - Mon, July 1, 2024 | 8:46 pm
Foreign investors net sell $67.4 mln Vietnam stocks this week
Foreign investors net sold VND1.68 trillion ($67.4 million) worth of Vietnam stocks in the week ending June 7, sticking to a trend holding steady this year.
Finance - Sun, June 9, 2024 | 9:39 am
Vietnamese retail majors set for prosperous year after robust Q1
Vietnamese retail majors have reported Q1/2024 profits several times higher year-on-year or turned losses into profit after purchasing power recovered significantly during Tet (Lunar New Year) holiday, market observers say.
Companies - Thu, May 2, 2024 | 10:21 pm
Retailer Mobile World Q1 profit rises 43 times after reshuffle
Mobile World Investment Corporation (MWG) reported an after-tax profit of nearly VND903 billion ($35.63 million) in the first quarter of 2024, a 43-fold increase year-on-year, according to the company’s financial statements.
Companies - Tue, April 30, 2024 | 9:09 pm
Leading Vietnam retailer Mobile World targets 14-fold increase in after-tax profit
Mobile World Investment Corporation (MWG) has set 2024 revenue and after-tax profit targets of VND125 trillion ($4.99 billion) and VND2.4 trillion ($95.86 million), up 6% and 14.2 times year-on-year, respectively.
Companies - Sun, April 14, 2024 | 3:45 pm
Retail grocery chain Bach Hoa Xanh’s revenue up 50% in 2 months
Bach Hoa Xanh, a retail grocery chain under Mobile World Investment Corporation, posted revenue of VND6 trillion ($242.4 million) in the first two months of 2024, a year-on-year increase of 47%, according to Mobile World.
Companies - Mon, March 25, 2024 | 4:02 pm
Vietnam's Mobile World plans to pay 5% dividend in 2024
Vietnam’s Mobile World Investment Corporation will present to shareholders a plan to pay dividends at a rate of 5% in 2024.
Companies - Thu, March 21, 2024 | 9:28 pm
Retail major Mobile World targets 14-fold profit growth in 2024
Vietnam’s Mobile World Investment Corporation has targeted a 5% year-on-year increase in revenue to VND125 trillion ($5.13 billion) and a 14-fold rise in net proft to VND2.4 trillion ($98.48 million) this year.
Companies - Mon, February 5, 2024 | 5:38 pm
Vietnam retail stocks bounce back with business boost
Several retail stocks have gained strongly since November 2023 as commercial and service activities pick up to prepare for the holiday season.
Finance - Sat, February 3, 2024 | 8:24 am
Retail major Mobile World sees lowest net profit in 10 years
Vietnam’s Mobile World Investment Corporation (MWG) posted a net profit of VND168 billion ($6.9 million) in 2023, down 96% year-on-year, marking the lowest level since 2013.
Companies - Fri, February 2, 2024 | 3:12 pm
Vietnam retail stocks' outlook gradually brightening
A shopping spree during the run-up to major holidays at the year-end, especially the New Year, will bolster Vietnamese retail businesses, said analysts.
Companies - Sun, December 3, 2023 | 3:55 pm
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