The market on the morning of June 4 recorded a strong increase in livestock stocks. The codes of Vietnam National Huynh Nuoi Corporation - JSC (VLC), Vissan (VSN), Masan MEATLife (MML), BAF all increased well, most of them increased by over 5%.
Notably, the stock of the "big" pig farmer Dabaco (DBC) increased by 6.8% to VND 29,650/share, to the highest price in more than 2 months. Trading liquidity is positive with nearly 24 million units transferred in this morning's session.
MML shares in this morning's session increased by 5.2% to VND34,700/share. This is the 4th consecutive increase of MML, this stock has also increased by more than 6% in the previous 2 sessions. In the first 3 sessions of June, MML shares increased by nearly 20%, equivalent to an increase in capitalization of VND1,800 billion to nearly VND11,500 billion, while DBC's capitalization increased by VND750 billion to VND9,900 billion.
HSL shares also increased to a ceiling of VND 4,550/share and had room for ceilings, but liquidity was low. Some other codes in the industry are also green, but the increase is much more modest.
The market recorded the improvement of livestock stocks with the expectation that this group of businesses will benefit from the product quality crisis of a major competitor in the market, CP Vietnam Company.
Regarding the sharp increase in business results and high prices of pork in the first months of 2025, it has helped companies operating in this industry achieve good business results. In the first quarter of 2025, Masan Meatlife reported net profit of up to 116 billion VND, a sharp improvement compared to the loss of 43 billion VND in the same period last year.
Dabaco recorded net profit in the first quarter of the year of more than VND508 billion, 7 times higher than the same period. This is the highest quarterly profit figure of this enterprise. BAF recorded a decline in revenue in the first quarter of the year, with profit increasing by 11% to VND132 billion.
