Earnings Report /
Vietnam

Mobile World: Finding opportunities in new businesses

  • Social distancing took its toll on MWG’s CE chains while largely profiting BHX stores in Q3 21

  • Outlook – Initiatives to enhance sales per TGDD & DMX stores and streamlining opex for BHX are main growth drivers

  • We raise our TP by 10% to VND163,500 per share and reiterate our Buy recommendation on MWG

Tung Do
Tung Do

Logistics, Aviation

Rong Viet
7 December 2021
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