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MSN - Broad-based progress helps deliver breakout year - Earnings Flash

Company Research

03 Feb 2017

A breakout year with revenue growth of 41% and NPAT-MI growth of 89% in FY16 vs FY15. This is on the back of strong performances in Masan Nutri-Science, Techcombank and Masan Resources. Regarding its F&B business, Masan Consumer posted flat operating profit amid industry and competition headwinds while Masan Brewery achieved respectable sales growth as well as an EBITDA margin of 7.9% after over two years of operation.

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