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MML – A local food giant going to appear on investors’ radar – Prelisting Note

Company Note 25/10/2019    130


  • 324.3 million shares of Masan Meatlife (MML) will debut on UPCOM this December.
  • MML is Vietnam’s second biggest animal feed producer and the country’s pioneer in chilled meat consumer products.
  • It is aiming a 5x rise in revenue in FY23F, with meat being the main growth driver.
  • Meat distribution network to expand 24x by FY23F. GPM will improve thanks to integrated Feed-Farm-Food model.

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