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Mm Mega Market (Vietnam) Company Limited (Vietnam)

Main Activities: Wholesale Trade
Secondary Activities: Fruit and Vegetable Canning, Pickling, and Drying | Animal (except Poultry) Slaughtering | Seafood Product Preparation and Packaging
Full name: Mm Mega Market (Vietnam) Company Limited Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

As a member of BJC/TCC Group (Thailand), the subject - MM Mega Market (Vietnam) Company Limited specializes in operating a wholesale-retail supermarket system named MM Mega Market. Besides the domestic supply, fresh fruits and vegetables, dehydrated fruits, sea fishes, frozen beef and lamb, liquid detergents, confectionery, sleeping tents, sleeping bags, camping chairs, coffee, chocolate, cocoa, juice, spaghetti, pasta, sauce, ice cream, olive oil... are imported from foreign countries to serve inland consumption. Its products (mainly for fresh food) are also exported to Singapore, Thailand, India... Over 20 years of operation, the subject has expanded to 21 supermarkets nationwide and maintained cooperation with 2,000 partners. Besides MM Mega Market supermarkets, the subject is operating 6 goods supply stations and 8 delivery warehouses, including the newest delivery warehouse in Dong Hoi City, Quang Binh Province. According to press information, this newest delivery warehouse has a total floor area of 623 square meters, a storage area of up to 18 tons of goods, is capable of providing a variety of products from dry foods, fresh, frozen to specific non-food items, meeting all the needs of restaurants, hotels and resorts stretching from Da Nang, Hue, Quang Tri to Quang Binh regions.The outbreak of Covid-19 pandemic forced the subject to promote online shopping solutions (like MM Click & Get website, Zalo official account, Telesales via hotline of each supermarket, MCARD and GrabMart). In 2022, the company also operated a new Sa Pa warehouse and successfully organized a series of events “Taste of Country”. This helps the company to seek new suppliers.Lunar New Year is the most exciting shopping season of the year, the retail industry launched many programs to accelerate revenue. The MM Mega Market supermarket system showcased more than 4,000 products, focusing on essentials, food, non-food, fashion and homeware for the Lunar New Year 2023. However, right after this Lunar New Year, the global economic recession had a profound impact on the purchasing power of consumers. To respond to it, the subject has maintained more than 1,000 essential products at a 10% - 50% discount, ready to share profits to stabilize commodity prices and improve purchasing power. Furthermore, the company also continues to support the output of Vietnamese agricultural products through promotional activities and rotating discounts on a variety of products.According to media information, although the purchasing power has gradually recovered compared to the same period last year, the value of items is still lower because consumers tend to save more. To prepare for the Lunar New Year 2024, MM Mega Market (Vietnam) Company Limited is implementing the program "Beat inflation, buy stably, save smart" with more than 1,000 price-stabilized items. The whole system has also increased by 20% - 30% the total amount of Tet goods reserves. The subject is continuously working with suppliers to balance supplies and providing consumers with quality products at the most stable prices.

Headquarters
Area B, An Phu - An Khanh New Urban Area, An Phu Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: http://www.mmvietnam.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 20, 2009
Key Executives
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Director
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Director
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General Director
Ownership Details
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100%
Subsidiaries
Bjc Cellox (Vietnam) Company Limited
Bjc Glass Vietnam Limited
I Chi Ban Foods Company Limited
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
7.96%
Total operating revenue
7.96%
Operating profit (EBIT)
25.16%
Net Profit (Loss) for the Period
24.41%
Total assets
3.4%
Total equity
22.99%
Operating Profit Margin (ROS)
0.35%
Net Profit Margin
0.26%
Return on Equity (ROE)
0.22%
Debt to Equity Ratio
-48.84%
Quick Ratio
0.07%
Cash Ratio
0.01%

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