Masan Group’s 2022 profit down 58.3% after feed business consolidation

Masan Group’s 2022 profit down 58.3% after feed business consolidation

Vietnamese multi-business corporation Masan Group saw its 2022 net profit after tax decline by 58.3% year-on-year to VND3,567 billion ($152 million), primarily due to one-off financial income gains from deconsolidation of its feed business in the last quarter of 2021.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan delivers 39.5% core profit increase in 9 months

Masan delivers 39.5% core profit increase in 9 months

Masan Group, one of Vietnam’s leading private conglomerates, said Friday its January-September core profit after tax soared by 39.5% year-on-year to VND2,105 billion ($84.74 million).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7