MWG CEO: Confident to Complete Plans, Cash Dividend and Stock Buyback

During an investors’ meeting, CEO Vu Dang Linh reported an April revenue of approximately VND 12.5 trillion, an 8% increase year-on-year. The Thế Giới Di Động and Điện Máy Xanh chains recorded revenues of about VND 8.3 trillion, while Bách Hóa Xanh reached VND 3.9 trillion, a 22% increase. MWG aims for a total revenue of VND 150 trillion by 2025, a 12% increase. Linh affirmed that the company will not adjust its goals and is confident in paying a cash dividend of VND 1,000 per share and buying back 10 million treasury shares. He emphasized MWG’s strong cash flow and safe financial situation, which builds trust with banks and partners. The company aims to make safe financial investments to protect cash flow, primarily in bank deposits and bonds.

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