Masan Group (MSN) announced its Q2 2025 financial report, showing positive results from Phuc Long Heritage (PLH). The quarter’s revenue reached 434 billion VND, a 10.8% increase from the same period last year, while net profit after tax totaled 43 billion VND, up 38.8%. For the first half of 2025, PLH’s revenue amounted to 858 billion VND, a 10.3% increase, with net profit after tax at 86 billion VND, rising 63.5%. This growth was driven by increased orders and improvements in the food segment, with revenue from bread, pastries, ice cream, and yogurt growing by 43.4%, accounting for 35.588 billion VND or 8.2% of total revenue. By the end of Q2, PLH operated 184 stores and plans to open 13 more, particularly in Hanoi. The EBITDA margin was 18.5%, with a net profit margin of 10.1%. Phuc Long Heritage is known not only for its tea and coffee but also for expanding into food, contributing to Masan’s consumer retail ecosystem.
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