Masan Group Corporation (HOSE:MSN)
78,200
0.00 (0.00%)
At close: Feb 9, 2026
Masan Group Income Statement
Financials in millions VND. Fiscal year is January - December.
Millions VND. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
| 81,621,329 | 83,177,720 | 78,251,619 | 76,189,225 | 88,628,767 | |
Revenue Growth (YoY) | -1.87% | 6.30% | 2.71% | -14.04% | 14.78% |
Cost of Revenue | 56,040,719 | 58,521,982 | 56,130,507 | 55,154,201 | 66,493,966 |
Gross Profit | 25,580,610 | 24,655,738 | 22,121,112 | 21,035,024 | 22,134,801 |
Selling, General & Admin | 17,916,323 | 18,482,349 | 17,942,357 | 16,365,853 | 15,851,307 |
Operating Expenses | 17,916,323 | 18,482,349 | 17,942,357 | 16,365,853 | 15,851,307 |
Operating Income | 7,664,287 | 6,173,389 | 4,178,755 | 4,669,171 | 6,283,494 |
Interest Expense | -5,924,079 | -6,911,415 | -7,422,409 | -5,345,947 | -5,259,697 |
Interest & Investment Income | 1,582,140 | 1,879,095 | 1,733,905 | 878,418 | 629,639 |
Earnings From Equity Investments | 5,080,057 | 4,443,769 | 3,895,982 | 4,339,650 | 3,896,641 |
Currency Exchange Gain (Loss) | 4,740 | -70,287 | -36,570 | -287,046 | 208,162 |
Other Non Operating Income (Expenses) | -47,574 | -344,854 | -120,880 | 290,939 | -33,601 |
EBT Excluding Unusual Items | 8,359,571 | 5,169,697 | 2,228,783 | 4,545,185 | 5,724,638 |
Gain (Loss) on Sale of Investments | - | 110,698 | 233,526 | 642,110 | 5,699,147 |
Gain (Loss) on Sale of Assets | -471,481 | 744,408 | -16,442 | -82,865 | -22,327 |
Other Unusual Items | - | - | 117,107 | - | - |
Pretax Income | 7,888,090 | 6,024,803 | 2,562,974 | 5,147,150 | 11,488,784 |
Income Tax Expense | 1,124,579 | 1,752,419 | 693,047 | 392,766 | 1,387,403 |
Earnings From Continuing Operations | 6,763,511 | 4,272,384 | 1,869,927 | 4,754,384 | 10,101,381 |
Minority Interest in Earnings | -2,655,205 | -2,273,325 | -1,451,232 | -1,187,388 | -1,538,499 |
Net Income | 4,108,306 | 1,999,059 | 418,695 | 3,566,996 | 8,562,882 |
Net Income to Common | 4,108,306 | 1,999,059 | 418,695 | 3,566,996 | 8,562,882 |
Net Income Growth | 105.51% | 377.45% | -88.26% | -58.34% | 593.92% |
Shares Outstanding (Basic) | 1,516 | 1,487 | 1,426 | 1,420 | 1,414 |
Shares Outstanding (Diluted) | 1,516 | 1,487 | 1,426 | 1,420 | 1,414 |
Shares Change (YoY) | 1.98% | 4.25% | 0.39% | 0.48% | 0.59% |
EPS (Basic) | 2709.71 | 1344.68 | 293.62 | 2511.22 | 6057.41 |
EPS (Diluted) | 2709.71 | 1344.68 | 293.62 | 2511.22 | 6057.41 |
EPS Growth | 101.51% | 357.97% | -88.31% | -58.54% | 589.83% |
Free Cash Flow | -508,661 | 6,426,162 | -1,728,334 | -7,954,173 | -1,661,514 |
Free Cash Flow Per Share | -335.50 | 4322.61 | -1212.03 | -5599.85 | -1175.36 |
Dividend Per Share | - | - | - | - | 1000.000 |
Gross Margin | 31.34% | 29.64% | 28.27% | 27.61% | 24.98% |
Operating Margin | 9.39% | 7.42% | 5.34% | 6.13% | 7.09% |
Profit Margin | 5.03% | 2.40% | 0.53% | 4.68% | 9.66% |
Free Cash Flow Margin | -0.62% | 7.73% | -2.21% | -10.44% | -1.88% |
EBITDA | 11,063,486 | 10,216,557 | 8,302,418 | 9,075,694 | 10,915,173 |
EBITDA Margin | 13.55% | 12.28% | 10.61% | 11.91% | 12.32% |
D&A For EBITDA | 3,399,199 | 4,043,168 | 4,123,663 | 4,406,523 | 4,631,679 |
EBIT | 7,664,287 | 6,173,389 | 4,178,755 | 4,669,171 | 6,283,494 |
EBIT Margin | 9.39% | 7.42% | 5.34% | 6.13% | 7.09% |
Effective Tax Rate | 14.26% | 29.09% | 27.04% | 7.63% | 12.08% |
Revenue as Reported | 81,621,329 | 83,177,720 | 78,251,619 | 76,189,225 | 88,628,767 |
Advertising Expenses | - | 5,251,886 | 4,492,698 | 2,940,360 | 3,308,859 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.