Masan Group buys back 20 million shares from its fund

The Masan Group’s management council has spent lots of money to buy back 20 million shares from the fund of itself and issued its financial report for the first half of 2016.

Accordingly, its net revenue increased 83.8 percent and an after tax profit tripled compared to the same period last year.

Masan Group has set a revenue target of US$ 2billion this year with profit growth of 60 percent compared to last year and the group will adjust its after tax profit up to 25 percent.

M.Xuan-Translated by M.Quyen

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