Meat sales to fuel the growth of Masan Meatlife

June 30, 2020

In its recently released Annual General Meeting of Shareholders document, Vietnam’s Masan Meatlife (MML) said it has set a target for a 4-fold increase in profits in 2020. The company stated that the revenue from meat is expected to contribute 20% of total revenue. In addition, MML will also focus on producing processed meat products to create added value. In contrast, MML’s feed business is expected to grow at a moderate pace.