The fund group managed by Dragon Capital recently announced the sale of nearly 3.3 million MWG shares of Mobile World Investment Corporation. The funds involved in the sale include Amersham Industries Limited, Norges Bank, Vietnam Enterprise Investments Limited, Hanoi Investments Holdings Limited, and Danang Investments Limited. Meanwhile, Samsung Vietnam Securities Master Investment Trust purchased 20,000 shares.

Following the transaction, this foreign investor group's ownership decreased from over 5.2% to below 4.9%. As a result, the fund group managed by Dragon Capital is no longer a major shareholder of Mobile World Group. They ceased to be a major shareholder on 16/9.

Nguyen Duc Tai, Chairman of Mobile World Group, answers shareholders at the annual general meeting in late 4/2025. Screenshot.

These transactions occurred as MWG reached a historic price. On 16/9, the stock closed at 80,300 VND per share, its highest level since listing. Mobile World Group's stock price has increased by nearly 32% since the beginning of the year and by 74% compared to the lowest point of the crisis in early April. Based on the closing price on 16/9, these investors likely earned approximately 262 billion VND.

Between late July and early August, the Dragon Capital-managed fund group also sold almost 1.5 million MWG shares. Previously, in March, they sold 243,600 shares. In total, since the beginning of the year, they have divested around 5 million MWG shares.

The market witnessed a period of strong accumulation of Mobile World Group shares by the Dragon Capital fund group between April and June 2024. At that time, MWG's share price was around 50,000-60,000 VND.

In the first half of this year, Mobile World Group recorded revenue of 73.755 trillion VND and a profit after tax of 3.205 trillion VND, an increase of 12% and 54% respectively compared to the same period last year. In Quarter II alone, both revenue and profit reached record highs. Nguyen Duc Tai's retail empire achieved 49% of its revenue target and 66% of its profit plan.

The two chains, Mobile World and Dien May Xanh, recorded a 12% increase in revenue despite operating 200 fewer stores than at the beginning of last year. This result stems from recovering market demand, with the phone, tablet, and laptop segment experiencing strong growth of 20-50%. Currently, Mobile World is seeing positive results during the iPhone 17 launch season. They reported approximately 80,000 pre-orders within the first 30 minutes, a record for the retail chain.

Bach Hoa Xanh also recorded nearly 22.6 trillion VND in revenue during the first six months, an increase of over 16% thanks to both fresh food and fast-moving consumer goods. As of the end of June, the chain opened 414 new stores, more than half of which are located in central Vietnam. These new stores have recorded positive profits at the store level after deducting all operating costs. Bach Hoa Xanh's profit after tax is approximately 205 billion VND.

Tat Dat