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MSN

Masan profits double in Q1

Masan profits double in Q1

Masan Group Corporation (MSN, Masan) has announced that its consolidated net revenues in the first quarter increased by 69.7 per cent year-on-year to VNĐ18.855 trillion (US$743.85 million) and doubled from the previous quarter.
Masan closes 250 million investment from Bain Capital on April 22

Masan closes $250 million investment from Bain Capital on April 22

With the exchange rate at VNĐ25,356 buying a dollar, Masan will receive VNĐ6.228 billion in net cash from this investment which will significantly improve Masan’s balance sheet.
Bain Capital leads Masans equity funding round of up to 500 million

Bain Capital leads Masan’s equity funding round of up to $500 million

The money will be used to strengthen the company’s financial position and deleverage its balance sheet.
Masans integrated consumer-retail platform achieves impressive EBITDA growth in Q2

Masan’s integrated consumer-retail platform achieves impressive EBITDA growth in Q2

Masan Group Corporation (HOSE: MSN) has released its unaudited financial results for the first half of 2023, with net revenue reaching VNĐ37.3 trillion (US$1.5 billion), an increase of 3.6 per cent versus VNĐ36 trillion ($1.5 billion) in the same period last...
Local tungsten producer announces big revenues

Local tungsten producer announces big revenues

Masan High-Tech Materials Corporation announced its net revenues in 2021 increased 86 per cent to reach more than VND13.5 trillion (US$586.9 million) thanks to the consolidation of the German tungsten producer and the higher price of tungsten last year.
Why does target price for MSN stock continue to be VND200,000?

Why does target price for MSN stock continue to be VND200,000?

Despite the challenges posed by COVID-19 last year The CrownX delivered positive business results. An integrated platform that consolidates two leading companies in retail and FMCG, WinCommerce (WCM) and Masan Consumer Holdings (MCH), TCX grew net revenues by 6.9 per...
Masan Groups profit soars in 2021 TCX to power 2022 growth

Masan Group’s profit soars in 2021; TCX to power 2022 growth

Masan expects its consolidated net revenue to reach between VND90 trillion and VND110 trillion (US$3.9 billion and $4.7 billion) in 2022, representing a growth of 22 per cent and 36 per cent compared to 2021’s result of VND74.2 trillion.
Securities companies see bright prospects, raise MSN share target price

Securities companies see bright prospects, raise MSN share target price

Masan Group''s consumer-retail business line has seen strong growth momentum this year, given higher demand amid the ongoing COVID lockdown and consumers shifting to shop through modern trade channels instead of traditional markets.
Masan Group increases stake in The CrownX to 84.9%

Masan Group increases stake in The CrownX to 84.9%

Masan Group (HOSE: MSN) and its subsidiary, The CrownX, on July 1 announced the acquisition of the latter’s shares from minority shareholders, increasing Masan’s direct and indirect stakes in it from 80.2 per cent to 84.9 per cent.
Alibaba, Baring Private Equity Asia consortium complete 400mm investment in The CrownX

Alibaba, Baring Private Equity Asia consortium complete $400mm investment in The CrownX

Masan Group Corporation (HOSE: MSN) on June 14 announced the completion of a private issuance of a 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a cash...
Masan Group targets 3.98-4.4 billion net revenues in 2021

Masan Group targets $3.98-4.4 billion net revenues in 2021

Masan Group Corporation (HOSE: MSN) targets net revenues of VND92-102 trillion (US$3.98-4.4 billion) this year, an increase of 19 – 32 per cent from last year, and profit after tax and minority interest of VND2.5-4 trillion ($108.3-173.3 million), a rise...
MSN to pay cash dividend of 10 per cent

MSN to pay cash dividend of 10 per cent

Masan Group Corporation (HOSE: MSN) has set December 18 as the record date for paying dividends for 2019 in the form of cash and December 30 as the payment date.
Masans branded consumer products grows over 30%

Masan’s branded consumer products grows over 30%

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.
Masan Group profit more than triples in 1st half

Masan Group profit more than triples in 1st half

Masan Group Corporation (HoSE: MSN) reported net profit after tax and minority interest of more than VND3 trillion (US$130 million) in the first half, an increase of 566 per cent year-on-year.
Masan Group postpones VND3 trillion bond issue plan

Masan Group postpones VND3 trillion bond issue plan

Private equity firm Masan Group Corporation (MSN) has announced it will postpone the issue of VND3 trillion (US$132.2 million) nonconvertible bonds, which was initially scheduled for this quarter.