Tycoon Nguyen Dang Quang Sells Pork: Q3 Profit Surges 5 Times

Masan MEATLife (MML) recently reported a consolidated financial statement for Q3 2025 with revenue of 2,384 billion VND, up 23.2% year-on-year. Net profit reached 101 billion VND, 5.2 times higher than Q3 2024. MML shows improved operational efficiency with EBIT margin of 6.0%. Financial costs decreased by 10%, totaling around 87 billion VND due to lower interest expenses, although selling and management expenses increased slightly. Revenue growth was driven by higher consumption and deeper integration with the WinCommerce chain, with processed meat products also showing strong growth. For the first nine months of the year, MML’s revenue totaled 6,794 billion VND, a 24.7% increase, with a net profit of 466 billion VND compared to a loss in the year-ago period. MML plans to achieve a revenue target for 2025 of between 8,250 and 8,749 billion VND, focusing on increasing the value of processed meat.

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