HCM CITY Masan Group Corporation (MSN) achieved double-digit growth in revenues and operating profits across its consumer-related business segments in the first nine months of the year.
Its consolidated net revenues increased by 110.8 per cent to VNĐ55.618 trillion (US$2.39 billion) from VNĐ26.378 trillion ($1.13 billion) in the same period last year, primarily due to the consolidation of newly acquired businesses and supported by organic growth across all business segments.
On a like-for-like basis (which assumes consolidation of VinCommerce (VCM) numbers for first nine months), net revenues grew by 19.6 per cent.
MSN’s net profit after tax post-minority interest (NPAT post-MI) was VNĐ852 billion ($36.7 million) in Q3 and VNĐ969 billion ($41.8 million) in the first nine months, both lower year-on-year. VNS
-1.jpg)
