Update: April, 01/2021 - 14:51 |
Dr Nguyễn Đăng Quang, chairman of Masan Group, lays out the company’s five-year plan at the AGM of the company and its two subsidiaries held in Lào Cai on April 1. Photo courtesy of MSN
SAPA Masan Group Corporation (HOSE: MSN) targets net revenues of VNĐ92-102 trillion (US$3.98-4.4 billion) this year, an increase of 19 – 32 per cent from last year, and profit after tax and minority interest of VNĐ2.5-4 trillion ($108.3-173.3 million), a rise of 103– 224 per cent.
It targets an earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin of 15-20 per cent and NPAT margin of 3-5 per cent due to a positive EBITDA margin for VinCommerce (VCM) and an improving EBITDA margin for Masan MEATLife (MML).