Masan Group Corporation's consolidated net revenue increased by 13.3 percent in Q1 to 19.977 trillion VND (862.53 million USD), primarily due to double-digit organic growth in its branded consumer and meat businesses and 178.2 percent growth by Masan High-Tech Materials (MHT) due to H.C. Starck (HCS).
Retail giant Masan Group posted an after-tax profit of more than 6.36 trillion VND (274.62 million USD) last year, a year-on-year rise of 13.2 percent.
Vietnamese conglomerate Vingroup said on December 3 it has entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings, to create the country’s biggest retail company.
Vietnamese-based Masan Consumer Holdings introduced its Chinsu-branded chilli sauce in Japan at the Vietnam Food Festival held by the Vietnamese Consulate General in Osaka on August 3.
The Masan Consumer Holdings (MCH) has become the main sponsor of the 2018 Vietnam National Football Cup, which features 24 teams in the 2018 V.League 1 and 2, announced the Vietnam Professional Football company (VPF).
Business
