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Masan sets double-digit growth target for 2026

The Saigon Times

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HCMC – Masan Group Corporation (HOSE: MSN) has set a double-digit growth target for 2026, projecting consolidated revenue of up to VND98 trillion and net profit of as much as VND7.9 trillion, according to information released at its Community Day on January 28.

At the event, Masan reported revenue of VND23,246 billion in the fourth quarter of 2025, up 10.6% year-on-year. For the full year 2025, the group recorded consolidated revenue of VND81,621 billion, representing an 8.7% increase from the previous year, after excluding H.C. Starck, a subsidiary divested in 2024, to ensure comparability.

In 2026, the group expects consolidated revenue to grow by 15–20% year-on-year, reaching VND93.5–98 trillion. Net profit after tax before minority interests (NPAT Pre-MI) is forecast to rise 7–17% to VND7.25–7.9 trillion.

Closing the trading session today, January 29, Masan Group Corporation (HOSE: MSN) shares gained VND4,600, or 5.79%, to close at VND84,100 each, with more than 24.7 million shares changing hands, thus putting the company’s market cap at approximately VND127.9 trillion.

The broader market ended higher, with the VN-Index gaining 12.07 points, or 0.67%, to end at 1,814.98. The HOSE saw 188 advancers and 125 decliners. Total trading volume reached nearly 723.2 million shares, valued at VND25.44 trillion, down 30.77% in volume and 26.45% in value compared with the previous session. Block deals accounted for over 66.1 million shares worth VND1.79 trillion.

The VN30 Index added nearly 22 points, supported mainly by retail stocks. Besides MSN, Vinamilk (VNM) climbed 5% and Mobile World Investment Corporation (MWG) rose 4.7%, while GVR hit its ceiling price. On the downside, Vietjet Aviation (VJC) fell 4.4%, followed by HDBank (HDB), down 2.3%.

Retail stocks continued to outperform, driven by strong demand. MWG saw a matching volume of 15.9 million shares, while VNM traded more than 10 million shares.

Among the bank–securities–steel trio, steel stocks performed best, with Hoa Phat Group (HPG) adding 1.5% on volume of 27.6 million shares, while Nam Kim (NKG) and Hoa Sen Group (HSG) edged up around 1%.

On the Hanoi Stock Exchange, the HNX-Index reversed course late in the session to close up 0.25 point, or 0.1%, at 252.72. The market saw 76 gainers and 66 decliners, with trading volume of nearly 75.8 million shares valued at VND1.72 trillion.

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