Masan Group Leaders: Wincommerce Will Open 1,000-1,500 Stores Next Year, Masan Consumer Could Enter VN30 Index After Listing

On October 29, Masan Group’s leadership updated the third-quarter business situation, reporting revenue of 21.164 trillion VND, up nearly 10% year-on-year. Net profit reached 1.866 trillion VND, 1.4 times higher than the same period, the highest since Q1 2022. Notably, WinCommerce recorded Q3 revenue of 10.544 trillion VND, an increase of 22.6%, with profit surging 8.7 times. The company plans to open 1,000 to 1,500 more stores in 2026, mainly in the North and Central regions. Masan Consumer (MCH) had revenue of 7.517 trillion VND, down 6% year-on-year, but signals of improvement are evident. The transition from UpCOM to HoSE is in preparation, with MCH likely to enter the VN30 index. Masan Hightech Materials (MHT) also performed well, with Q3 revenue reaching 2.041 trillion VND.