Masan Group: Q3 Net Profit Reaches Nearly 1,900 Billion VND, 1.4 Times Year-on-Year, Driven by Wincommerce and Masan MeatLife

Masan Group (MSN) reported Q3 2025 revenue of 21.164 trillion VND, up 9.7% year-on-year, and net profit of 1.866 trillion VND, 1.4 times higher than the same period last year. Year-to-date revenue reached 58.376 trillion VND, an 8% increase, achieving over 90% of the annual target. Growth was primarily driven by Wincommerce, Masan MeatLife, and Phuc Long, while Masan Consumer was impacted by a distribution model shift. Wincommerce’s Q3 revenue reached 10.544 trillion VND (up 22.6%), with net profit of 175 billion VND (8.7 times increase). Masan MeatLife recorded revenue of 2.384 trillion VND (up 23%) and net profit of 101 billion VND (5.2 times increase). Phuc Long achieved 516 billion VND in revenue (up 21.2%). Masan High-Tech Materials reported revenue of 2.041 trillion VND, with net profit increasing by 279 billion VND year-on-year. Profit from Techcombank reached 1.242 trillion VND, up 9.4%.