MCH shares hit nearly one-year low as market value falls by about VND 50 trillion
Masan Consumer shares closed at VND 123,900 on November 12, their lowest closing price in about a year. Based on its current share count, the company’s market value is about VND 50 trillion lower than in mid-January 2026, even as third-quarter revenue and net profit rose year on year.
On November 12, shares of Masan Consumer (CTCP Hàng tiêu dùng Masan), traded under the ticker MCH, closed down 0.4% at VND 123,900 per share after touching VND 121,600 intraday. It was the stock’s lowest closing price in about a year. The last comparable or lower price was an adjusted VND 120,198 per share on October 28, 2025.
MCH has fallen nearly 24% from VND 162,590 per share in mid-January 2026. Using the current share count of more than 1.3 billion for a like-for-like comparison, its market value has declined by about VND 50 trillion. The company is now worth about VND 162 trillion and remains among Vietnam’s most valuable listed consumer goods companies. The shares have fallen more than 11% since October 28, when they traded at VND 139,800 apiece.
MCH shares have fallen to their lowest level in about a year. Based on the current share count, the company’s market value is about VND 50 trillion lower than in mid-January 2026.（VietVance）
During the share price decline, parent company Masan Group completed the purchase of an additional 73 million MCH shares through a subsidiary in October, raising the group’s stake to nearly 75%. Yuanta Securities recently downgraded MCH to “Hold,” warning that concentrated ownership could reduce the free float, affecting the stock’s liquidity and appeal to investors. MCH was also among the stocks with the largest net sales by foreign ETFs during the week of November 2–6.
The company’s operating results continued to grow. In the third quarter of 2026, Masan Consumer’s revenue reached VND 8.743 trillion, up 16.3% year on year, its fastest quarterly revenue growth in three years. After-tax profit rose about 14% to VND 1.938 trillion. Revenue for the first nine months reached VND 24.38 trillion, up 14.6% year on year. The company maintained its full-year revenue target of VND 33.8 trillion to VND 35 trillion.
Source: VietVance
