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MSN - Consumer businesses shine as WCM turns net profitable - Earnings Flash

Company Research

28 Oct 2021

In 9M 2021, revenue advanced 17% YoY while NPAT-MI surged 119% YoY to VND2.1tn (USD92mn). Revenue was lifted by Masan Consumer Holdings (MCH), Masan Meat Life (MML) and the consolidation H.C.Starck (HCS), while WinCommerce’s (WCM) revenue was almost flat as its strong SSSG offset aggressive closures of underperforming stores in 2020. 


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