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How tea chain Phuc Long fared in the year after Masan takeover

How tea chain Phuc Long fared in the year after Masan takeover

Beverage chain Phuc Long Heritage, in which conglomerate Masan Group owns 85%, reported the second highest revenues in the bubble tea and coffee industry last year. Its revenues were VND1.579 trillion ($67.15 million) and earnings before interest, taxes, depreciation, and amortization (EBITDA) were VND195 billion, the highest gross profit margin …

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