MASAN HIGH-TECH MATERIALS CORPORATION

MASAN HIGH-TECH MATERIALS CORPORATION (CÔNG TY CỔ PHẦN MASAN HIGH-TECH MATERIALS) is a publicly held company specializing in mining, processing, and supplying high-value minerals, including Tungsten, Florite, Bismuth, and Copper. Registered under Business ID 0309966889, the company was founded on April 27, 2010, and is headquartered at Room 802, 8th Floor, Central Plaza Building, No. 17, Le Duan Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam, with a representative office in Hanoi. It operates under the stock symbol MSR on the UPCOM exchange and employs 2,342 workers.

In 2023, MASAN HIGH-TECH MATERIALS CORPORATION reported total assets of USD 1.66 billion, a 2.77% decline from the previous year. Sales reached USD 578.99 million, marking a 9.37% decrease, while net profit plummeted to -USD 62.84 million, a significant downturn of 1,554.68% year-over-year. The company’s equity declined by 10.64%, settling at USD 559.73 million, indicating financial struggles despite its strong asset base.

The leadership of MASAN HIGH-TECH MATERIALS CORPORATION includes Danny Le, who serves as chairman; Craig Richard Bradshaw , who serves as general director; and Nguyen Thieu Nam , who serves as deputy chairman. Their combined expertise plays a crucial role in the company’s strategic direction and international expansion efforts.

The company's core business revolves around mineral extraction and processing, but it is also engaged in management consultancy and market research. With Masan Horizon Company Limited holding an 86.39% stake and Mitsubishi Materials Corporation owning 10%, the company benefits from strong financial backing and international partnerships.

VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of business intelligence, financial analysis, and risk assessment services, recognizes MASAN HIGH-TECH MATERIALS CORPORATION as a major player in Vietnam’s mining sector, emphasizing its market presence, financial challenges, and operational efficiency. Although the company has faced profitability issues, its strategic investments and mineral resource base position it for potential recovery in the long term.