Mobile World turnover estimated at $1.9b in 2016

Mobile World Investment Corporation (MWG) estimated its turnover this year to reach VNĐ44 trillion (US$1.938 billion), according to company chairman Nguyễn Đức Tài.

MWG’s turnover last year was VNĐ25.25 billion.

Tài said the company’s turnover this month alone would reach VNĐ5 trillion, adding that the turnover would come from existing and new stores, as well as online sales.

Next year, MWG is targeting a turnover of VNĐ60 trillion with the expansion of online sales.

Tài said MWG does not plan to sell its store chain Dienmayxanh, while it would take a final decision on the development strategy of another chain Bachhoaxanh by the end of this year.

MWG’s shares on Friday closed at VNĐ155,500 per unit.

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