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Mobile World releases first half results

Released at: 11:54, 03/08/2015

Mobile World releases first half results

Electronics retailer records impressive growth year-on-year

by Hung Nguyen

Mobile World’s revenue in the first six months stood at VND10.86 trillion ($497.82 million), an increase of 157 per cent against the same period last year and achieving 46 per cent of the annual plan.

Profit after tax of the electronics retailer was VND456 billion ($20.9 million), an increase of 146 per cent year-on-year and representing 51 per cent of the annual plan.

Revenue from online sales reached VND676 billion ($30.98 million), 35 per cent of the annual target of VND2 trillion ($91.68 million) and increasing 171 per cent against the first half of 2014.

In the first half its Thegioididong.com electronics supermarket chain opened 87 stores and DienmayXanh.com opened eleven, bringing the total number of Mobile World outlets to 461.

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