The Gioi Di Dong (MWG) earns more than 400 billion VND daily, Bach Hoa Xanh ‘rapidly’ opens more stores

CTCP Đầu tư The Gioi Di Dong (MWG) has announced its Q1/2025 financial results with total revenue of 36.091 trillion VND, marking a 15% increase compared to Q1 2024 and reaching 25% of the annual target. On average, MWG earns over 400 billion VND daily. In March, revenue was nearly 11.600 trillion VND, an 18% increase year-on-year, but the lowest in four months. The combined revenue from The Gioi Di Dong and Dien May Xanh reached over 24.200 trillion VND, accounting for 67% of total revenue. Average revenue per existing store rose by more than 15%. Despite a slow recovery in the technology market, MWG still posted positive results, particularly in the ICT segment, which saw over 20% growth. Bach Hoa Xanh reported over 11.000 trillion VND in revenue, a 20% increase year-on-year, and opened 232 new stores. Other chains like An Khang and Avakids also achieved commendable revenue, demonstrating MWG’s expansion and development in this quarter.

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