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Minh Anh-Kim Lien Garment Joint Stock Company (Vietnam)

Main Activities: Other Apparel Knitting Mills
Secondary Activities: Plumbing, Heating, and Air-Conditioning Contractors | Wholesale Trade | Industrial Machinery and Equipment Merchant Wholesalers
Full name: Minh Anh-Kim Lien Garment Joint Stock Company 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

MIKIGA is a garment manufacturing company that was established in mid-2009 in Nghe An Province. SC is a member of the MINH ANH GROUP CORPORATION, specializing in exporting garment products. Due to Covid-19, the garment industry has been one of the most impacted industries. The large number of inventories coupled with a slump in orders has made it difficult for companies in this sector to sustain their operations. According to the chief accountant, MIKIGA's activities in the first 9 months of 2023 were not as good as the same period last year. The company's revenue decreased by 30-40% compared to the same period in 2022, and it also had to let go of a significant number of employees compared to the previous year. The current situation continues to pose challenges for companies in the textile and garment sector.

Headquarters
Bac Vinh Industrial Park, Hung Dong Commune
Vinh; North Central Coastal Vietnam; Postal Code: 43000-44000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 14, 2009
Key Executives
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Chairman
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Director
Ownership Details
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74.39%
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25%
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0.61%
Subsidiaries
Mian Apparel Viet Nam Joint Stock Company
Mian Retailing Joint Stock Company
Company Performance
Financial values in the chart are available after Minh Anh-Kim Lien Garment Joint Stock Company report is purchased.
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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
-14.3%
Total operating revenue
-14.3%
Operating profit (EBIT)
-12.31%
Net Profit (Loss) for the Period
-8.65%
Total assets
-10.42%
Total equity
16.5%
Operating Profit Margin (ROS)
0.06%
Net Profit Margin
0.14%
Return on Equity (ROE)
-7.5%
Debt to Equity Ratio
14.69%
Quick Ratio
0.12%
Cash Ratio
0.07%

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