Bách Hoá Xanh CEO Plans to Sell Thế Giới Di Động Shares as Price Rises

Pham Van Trong, CEO of Bách Hoá Xanh, has registered to sell 200,000 MWG shares to address personal financial needs, with transactions scheduled from May 20 to June 18. This decision comes as MWG’s stock surged nearly 40% since April, reaching a six-month high. MWG has also approved a stock option plan for key management to enhance cohesion and motivation. In Q1 this year, MWG posted revenues of VND 36.135 trillion, a 15% year-on-year increase, with profits at VND 1.548 trillion, up 71%. The annual targets are VND 150 trillion in revenue and VND 4.850 trillion in profit. The Bách Hoá Xanh chain achieved over VND 11 trillion in revenue for Q1, a 20% increase, opening 232 new stores with average revenues of VND 1.2-1.5 billion per store.