Masan Consumer is among the top large-cap enterprises.

The share price of Masan Consumer Corporation (MCH) has doubled in the past 5 months. The company is among the largest capitalization companies on the stock exchange with over VND132,277 billion.

Masan Consumer owns many major brands in the consumer goods industry.

The above developments also helped MCH become the center of attention on UPCoM, both in terms of price and trading volume. The company is implementing a plan to raise its shares from UPCoM to list on the Ho Chi Minh City Stock Exchange (HoSE). In the top enterprises with large capitalization After a dramatic trading session on May 30, MCH code closed at VND185,500/share, equivalent to doubling in just the past 5 months, from VND89,200 on January 2. The reason for the price increase is explained by recent positive information about business results and the ability to raise more capital. Regarding the specific business picture, the financial report for the first quarter of 2024 shows that consumer goods company Masan achieved nearly VND6,730 billion in revenue, up 7.4% over the same period last year, firmly on the growth path. Gross profit margin in the first quarter of this year was high at 45.9%, up 400 basis points compared to the same period last year. In 2024, the company expects net revenue to reach between VND32,500 billion and VND36,000 billion. In addition to its core products and business lines, the company is also developing innovative capabilities and processes to complete its FMCG portfolio in the future. Thus, with a current capitalization of VND132,277 billion, Masan Consumer surpasses its "parent company", Masan Group (stock code MSN, capitalization of over VND107,300 billion). Although listed on UPCoM, the above milestone also helps Masan Consumer firmly enter the top enterprises with the highest capitalization on the stock exchange, surpassing many "big guys" on the HoSE such as: Sabeco (SAB), Military Bank (MBB), Mobile World (MWG), Vincom Retail (VRE) and is about to equal the capitalization of Vinamilk (VNM). Owning a series of big brands, striving to reach out internationally In the market, Masan Consumer is a prominent face when it holds 5 big brands in the consumer goods group with large "coverage", recording sales of about 150 - 250 million USD. According to information published by the company, the brands CHIN-SU, Nam Ngu, Omachi, Kokomi and Wake-Up 247 contributed 80% of the company's revenue in the domestic market over the past 7 years. With a growth rate 2.2 times higher than the general market rate from 2017 to 2023, more than 98% of Vietnamese households own at least one Masan Consumer product. The Vietnamese FMCG (fast-moving consumer goods) market is currently worth 32 billion USD, of which this company is dominating 8 billion USD. Not only developing different product lines to "cover" the domestic market further, the company also implements the "Go Global" strategy for the international market. According to the announcement, Masan Group is currently the largest shareholder of Masan Consumer, holding 68.1% of shares. In addition, this group also plays the role of owner of many other member companies which are all famous brands in the consumer - retail ecosystem such as: WinCommerce, Masan MEATLife, WinEco, Phuc Long Heritage, Masan High-Tech Materials... The group said that with the current capitalization lower than MCH and the ownership of other valuable assets, MSN's stock price does not fully reflect its intrinsic value. In addition to the consumer goods related company, Masan is also implementing many other plans to continue its growth momentum.

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Source: https://tuoitre.vn/masan-consumer-vao-top-doanh-nghiep-co-von-hoa-lon-20240531091128663.htm