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Masan Group Corporation said its revenues are likely to top US$2 billion this year, a year-on-year jump of 40 per cent.

Masan Group Corporation said its revenues are likely to top US$2 billion this year, a year-on-year jump of 40 per cent. — Photo vnexpress.net

Masan Group Corporation said its revenues are likely to top US$2 billion this year, a year-on-year jump of 40 per cent.

It estimated net profit to exceed the target by 25 per cent and increase by 60 per cent year-on-year to VND2.4 trillion (US$109 million).

For the first time the company has announced dividends, saying it has sought approval from shareholders to pay 50 per cent in the form of bonus shares and 30 per cent in cash.

The dividend of VND3,000 will be paid on the shares immediately prior to the bonus issue.

The payments are expected to be made in the first quarter of next year.

Masan is a food and beverage producer and a leader in branded goods and beverages, consumer products, agriculture, resources and financial services. — VNS

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