MASAN GROUP - TOP 10 BEST PROFITABLE PRIVATE ENTERPRISES IN VIETNAM IN 2019

On November 6, 2019, at the National Convention Center, Vietnam Report Joint Stock Company (Vietnam Report) coordinated with VietnamNet Newspaper - Ministry of Information and Communications to organize the Announcement Ceremony of the Top 500 Most Profitable Enterprises in Vietnam in 2019. Continuing to maintain its performance, Masan Group excellently made its mark in the Top 10 Ranking of 500 Most Profitable Private Enterprises in Vietnam in 2019 and Masan Consumer led the Top 10 Reputable Food Companies in 2019 - Industry group: Packaged food, spices, cooking oil. This is the third consecutive year that Masan Group and Masan Consumer have been honored in this list.

In 2018, MSN's after-tax profit reached VND4,916 billion, up 54% over the previous year, becoming the highest profit since listing. Masan Consumer, Masan's consumer goods business, traded on UPCoM in 2018, achieved after-tax profit of VND2,162 billion thanks to the growth of the food and beverage industry. According to the Brand Footprint 2019 report (Kantar Worldpanel), for 7 consecutive years, Masan Consumer has been in the Top 3 manufacturers owning the most purchased brands in urban areas (4 main cities) and rural areas.

After the first 9 months of 2019, Masan recorded revenue of nearly 26.4 trillion VND. Of which, revenue from MCH accounted for nearly 12.6 trillion VND, revenue from MML accounted for more than 10.1 trillion VND and revenue from MSR accounted for nearly 3.7 trillion VND, the company's accumulated net profit was more than 4.1 trillion VND. Estimated revenue for the whole year of 2019 is about 38,000 - 40,000 billion VND.

The "rain" of awards is a strong source of motivation for us - the Masaners - to accelerate to the finish line in the last months of the year and get closer to our aspiration of "Becoming the pride of Vietnam".

Source: https://www.masangroup.com/vi/news/masan-news/masan-net-profit-up-90-2-per-cent-in-first-9-months-56.html