Mr. Doan Van Hieu Em, CEO of Mobile World Investment Corporation (MWG), announced that the EraBlue retail chain in Indonesia has exceeded its plan with over 150 stores just after 10 months, alongside a projected profit of 18 billion Rp for 2025. In the first 9 months of the year, MWG recorded a revenue of VND 113.436 trillion, up 14% year-on-year, achieving 76% of its annual plan. Revenue in Q3 reached nearly VND 40 trillion, the highest ever. For Bach Hoa Xanh, revenue for the first 9 months reached VND 34.4 trillion, up 14%, although the growth rate has slowed recently. This chain opened an additional 520 stores, bringing the total to 2,290 stores, mainly in the Central region. MWG plans to expand Bach Hoa Xanh into the Northern market in 2026 with ambitions to open 1,000 new stores per year. The An Khang drugstore chain and AvaKids also reported positive growth. MWG is implementing a buyback plan for up to 10 million shares to reduce charter capital, with a maximum estimated amount of VND 2 trillion.
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