HO CHI MINH CITY, VIET NAM (MMD Newswire) April 21, 2010 -- Mekong Capital announced today the impressive
performance for the year ending 31 December 2009 of the 21 investee companies of three funds managed by
the Company. Despite the global financial crisis in 2009, Mekong Capital's investee companies, as a group,
achieved 103% net profit growth compared to 2008 levels. Performance was strong across all three funds as the
net profit growth was broad-based across the 21 investee companies, with median net profit growth of 75%.
Companies in consumer facing businesses such as retail, restaurants, food and consumer products performed
especially well. Meanwhile, many companies with manufacturing operations substantially improved their
efficiency, leading to greater net profit margins.
Below are some examples of companies that demonstrated sustainable growth throughout the global crisis.
These companies grew continuously as the result of actions taken by their management teams, supported and
empowered by Mekong Capital:
• Digiworld: Digiworld's net profit grew by 366% in 2009, the result of a successful reorganization around the
company's key profit centers.
• An Giang Plant Protection: An Giang Plant Protection achieved 125% net profit growth in 2009. This was
the result of strengthening the sales team and the sales network. This led to greater sales volumes and
greater market share in the crop protection market.
• Masan Food: Masan Food achieved 75% net profit growth in 2009, driven by their strong management
team and their successful expansion into instant noodles, with the Omachi and Tien Vua brands.
Mr. Chris Freund, Managing Partner of Mekong Capital said: "The extraordinary net profit growth in 2009
contributed to substantial improvements in the Internal Rates of Return (IRR) of all three funds in 2009. We are
committed to continuing to empower our investee companies to set high targets and achieve those, which will
lead to strong returns for each of our funds".
About Mekong Capital
Mekong Capital is a Vietnam-focused Private Equity firm, founded in 2001, and which focuses on growth equity in
Vietnamese companies. Mekong Capital has 3 existing funds under management, a team of 30+ full time people
in Ho Chi Minh City and Hanoi, more than 20 completed Private Equity investments, and a track record of strong
growth at its investee companies.
Mekong Capital creates shareholder value by investing in well managed companies, and working closely with
them to continuously build their management, leadership and corporate culture in a way that leads to long term
growth and value creation and successful exits.
Many of Mekong Capital's investee companies are the fastest growing and market leading companies in their
fields in Vietnam.
For more information on Mekong Capital, please visit the company's website at http://www.mekongcapital.com.
For more information, please contact:
Truong Dieu Le
Director of Operations
Mekong Capital Ltd
E-mail:
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