Masan targets double-digit profit growth in Q2
Masan’s performance remains resilient with strong momentum for the coming time
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Masan’s performance remains resilient with strong momentum for the coming time
Masan’s net revenue reached VND18.7 trillion ($797 billion) in the first quarter of 2023 (Q1/2023), an increase of 2.8 per cent on-year, indicating strong momentum for Q2/2023.
Consumer belt-tightening is not having much impact on the revenues of food and beverage businesses in Vietnam, with many maintaining stable growth rates.
This year could be the perfect time to enter Vietnam's retail market but here's a few things foreign firms should know before they do.
Beverage chain Phuc Long Heritage, in which conglomerate Masan Group owns 85%, reported the second highest revenues in the bubble tea and coffee industry last year. - VnExpress International