Masan Group (MSN) Q3 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2024 earnings summary
21 Oct, 2026Executive summary
9M net sales rose to VND60,476bn from VND57,470bn; net profit after tax increased to VND2,726bn from VND1,353bn.
Q3 net sales were VND21,487bn versus VND20,155bn; net profit after tax was VND1,301bn versus VND485bn.
Financial highlights
9M gross profit reached VND17,593bn versus VND16,353bn; operating profit was VND3,011bn versus VND2,720bn.
9M profit before tax increased to VND3,368bn from VND1,615bn; net profit attributable to ordinary shareholders was VND1,308bn versus VND369bn.
Financial expenses declined to VND5,983bn from VND6,515bn in 9M, while selling and administrative expenses increased to VND3,680bn and VND10,961bn, respectively.
Outlook and guidance
Branded consumer products and consumer retail typically see stronger Q4 revenue ahead of Tet; production, advertising and promotions are increased to support festive-season demand.
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