Masan generates $3.19 billion revenues, targets doubling of profits in 2024 - News Summed Up

Masan generates $3.19 billion revenues, targets doubling of profits in 2024


HCM CITY — Masan's net revenues for fiscal year 2023 were up 2.7 per cent at VNĐ78.25 trillion (US$3.2 billion). MCH had net revenues of VNĐ29.06 billion in 2023 and EBITDA of VNĐ7.43 trillion. On an LFL basis, Masan MeatLife achieved VNĐ6.98 trillion in FY2023, up 10.9 per cent, with revenues increasing across all segments, except farm chicken. The projected Core NPAT Pre-MI is expected to be within the VNĐ2.29-4.02 trillion ($93.68-164.46 million) range, up from VNĐ1.95 trillion ($79.64 million) in 2023. Masan Consumer Holdings is back to a growth phase.


Source: Viet Nam News January 30, 2024 23:51 UTC



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