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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Masan Group
Masan Group (MSN) investor relations material
Masan Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary7 Aug, 2026
Executive summary
H1 2026 net revenue was VND52,137,432 million vs VND37,211,678 million; net profit after tax rose to VND5,773,480 million from VND2,602,416 million.
Operating profit reached VND6,512,265 million vs VND3,143,905 million; basic EPS was VND2,875 vs VND942.
Financial highlights
Gross profit increased to VND16,816,877 million from VND11,883,671 million; cost of sales was VND35,320,555 million vs VND25,328,007 million.
Financial expenses rose to VND3,718,037 million from VND3,270,491 million, including borrowing costs of VND2,912,273 million vs VND2,751,876 million.
Total assets at 30 June were VND142,957,455 million vs VND128,322,475 million at 1 January; equity was VND49,567,025 million vs VND45,078,644 million.
Operating cash flow was VND3,184,699 million vs VND1,270,830 million; cash and cash equivalents ended H1 at VND11,550,652 million.
Segment performance
Branded consumer products: external revenue VND14,388,013 million vs VND12,843,811 million; segment result VND3,486,308 million vs VND3,066,654 million.
MEATLife: external revenue VND3,409,832 million vs VND2,900,035 million; segment result VND464,467 million vs VND165,559 million.
Consumer retail: external revenue VND22,011,171 million vs VND17,523,730 million; segment result VND305,787 million vs VND199,643 million.
High-tech materials: external revenue VND11,130,980 million vs VND3,007,013 million; segment result VND2,861,255 million vs VND451,327 million.
Others: external revenue VND1,197,436 million vs VND937,089 million; segment result VND2,461,679 million vs VND1,462,239 million.
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Latest events from Masan Group
- Higher H1 sales could not offset sharply lower profit and EPS.MSN
Q2 2023 - Higher sales and gross profit were outweighed by lower earnings and elevated financing costs.MSNQ4 2023
- Higher sales could not offset lower earnings and rising financing costs.MSNQ1 2023
- Higher 9M sales were offset by lower profit and sharply higher financing costs.MSNQ3 2023
- H1 profit and operating cash flow improved as the mining-fee dispute remained unresolved.MSNQ2 2024
- 9M profit doubled, with stronger operating cash flow and a mining-fee dispute unresolved.MSNQ3 2024
- Higher group profit masked lower shareholder earnings and negative operating cash flow.MSNQ1 2024
- FY24 profit more than doubled as retail and MEATLife segment results turned positive.MSNQ4 2024
- Profit after tax doubled YoY as segment results diverged and mining-fee uncertainty persisted.MSNQ1 2025
- Profit surged despite lower sales; mining-fee uncertainty persists.MSNQ2 2025
Next Masan Group earnings date
Q3 202628 Oct, 2026
Masan Group
Next Masan Group earnings date
Q3 202628 Oct, 2026
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