Masan High-Tech Materials Corporation reported a 55% decline in net revenue in the first quarter compared to the same period last year.

Masan High-Tech Materials Corporation reported a 55% decline in net revenue in the first quarter compared to the same period last year. Despite a sharp drop in cost of goods sold leading to a gross profit of over VND 146 billion, the company still posted a net loss of VND 222 billion. In the same quarter last year, the company recorded a net loss of VND 702 billion.

Masan High-Tech Materials Corporation reported a 55% decline in net revenue in the first quarter compared to the same period last year. Despite a sharp drop in cost of goods sold leading to a gross profit of over VND 146 billion, the company still posted a net loss of VND 222 billion. In the same quarter last year, the company recorded a net loss of VND 702 billion.

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