Masan Group Corporation (HOSE:MSN)
Vietnam flag Vietnam · Delayed Price · Currency is VND
72,300
+2,900 (4.18%)
At close: Nov 4, 2026

Masan Group Income Statement

Millions VND. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Jan '25 Jan '24 Jan '23 Jan '22
112,364,29781,621,32983,177,72078,251,61976,189,22588,628,767
Revenue Growth
38.59%-1.87%6.30%2.71%-14.04%14.78%
Cost of Revenue
77,871,65356,040,71958,521,98256,130,50755,154,20166,493,966
Gross Profit
34,492,64425,580,61024,655,73822,121,11221,035,02422,134,801
Selling, General & Admin
20,699,54917,916,32318,482,34917,942,35716,365,85315,851,307
Operating Expenses
20,699,54917,916,32318,482,34917,942,35716,365,85315,851,307
Operating Income
13,793,0957,664,2876,173,3894,178,7554,669,1716,283,494
Interest Expense
-5,682,087-5,924,079-6,911,415-7,422,409-5,345,947-5,259,697
Interest & Investment Income
1,557,1831,582,1401,879,0951,733,905878,418629,639
Earnings From Equity Investments
5,636,1815,080,0574,443,7693,895,9824,339,6503,896,641
Currency Exchange Gain (Loss)
176,0234,740-70,287-36,570-287,046208,162
Other Non Operating Income (Expenses)
-872,294-58,064-344,854-120,880290,939-33,601
EBT Excluding Unusual Items
14,608,1018,349,0815,169,6972,228,7834,545,1855,724,638
Gain (Loss) on Sale of Investments
24,465-110,698233,526642,1105,699,147
Gain (Loss) on Sale of Assets
-460,991-460,991744,408-16,442-82,865-22,327
Other Unusual Items
---117,107--
Pretax Income
14,171,5757,888,0906,024,8032,562,9745,147,15011,488,784
Income Tax Expense
1,550,7811,124,5791,752,419693,047392,7661,387,403
Earnings From Continuing Operations
12,620,7946,763,5114,272,3841,869,9274,754,38410,101,381
Minority Interest in Earnings
-3,104,972-2,655,205-2,273,325-1,451,232-1,187,388-1,538,499
Net Income
9,515,8224,108,3061,999,059418,6953,566,9968,562,882
Net Income to Common
9,515,8224,108,3061,999,059418,6953,566,9968,562,882
Net Income Growth
186.16%105.51%377.45%-88.26%-58.34%593.92%
Shares Outstanding (Basic)
1,5241,5161,4871,4261,4201,414
Shares Outstanding (Diluted)
1,5241,5161,4871,4261,4201,414
Shares Change
0.61%1.98%4.25%0.39%0.48%0.59%
EPS (Basic)
6245.932709.711344.68293.622511.226057.41
EPS (Diluted)
6245.932709.711344.68293.622511.226057.41
EPS Growth
184.42%101.51%357.97%-88.31%-58.54%589.83%

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Sep '26 Dec '25 Jan '25 Jan '24 Jan '23 Jan '22
Free Cash Flow
-1,116,892-508,6616,426,162-1,728,334-7,954,173-1,661,514
Free Cash Flow Per Share
-733.10-335.504322.61-1212.03-5599.85-1175.36
Dividend Per Share
-----1000.000
Dividend Growth
------
Gross Margin
30.70%31.34%29.64%28.27%27.61%24.98%
Operating Margin
12.28%9.39%7.42%5.34%6.13%7.09%
Profit Margin
8.47%5.03%2.40%0.53%4.68%9.66%
Free Cash Flow Margin
-0.99%-0.62%7.73%-2.21%-10.44%-1.88%
EBITDA
17,494,93011,063,48610,306,3448,302,4189,075,69410,915,173
EBITDA Margin
15.57%13.55%12.39%10.61%11.91%12.32%
D&A For EBITDA
3,701,8353,399,1994,132,9554,123,6634,406,5234,631,679
EBIT
13,793,0957,664,2876,173,3894,178,7554,669,1716,283,494
EBIT Margin
12.28%9.39%7.42%5.34%6.13%7.09%
Effective Tax Rate
10.94%14.26%29.09%27.04%7.63%12.08%
Revenue as Reported
112,364,29781,621,32983,177,72078,251,61976,189,22588,628,767
Advertising Expenses
-5,497,7595,251,8864,492,6982,940,3603,308,859