MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY

MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY (CÔNG TY CP MAY MINH ANH KHOÁI CHÂU) is a prominent player in Vietnam’s textile and garment industry, specializing in the manufacturing of apparel and textile products. Established on September 24, 2010, the company has been in operation for over 14 years, providing high-quality garment manufacturing and textile production services to both domestic and international markets. Headquartered in Phung Hung Town, Phung Hung Commune, Khoai Chau District, Hung Yen Province, Vietnam, the company has grown into a significant employer with a workforce of 2,000 employees.

Operating as a privately held joint stock company, MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY is primarily owned by Vietnamese shareholders, with VU VAN ANH holding an 80% stake, while PHAM THI QUYNH HOA and General Director VU VAN TOAN own the remaining shares. The company’s leadership is focused on expanding production capabilities and ensuring high-quality garment exports.

Business Operations and Industry Presence

The company is engaged in garment manufacturing and textile production, offering a wide range of woven, knitted, and non-woven fabric products. Its registered business activities include:

• Manufacture of wearing apparel (except fur apparel)
• Weaving, spinning, and finishing of textiles
• Manufacture of carpets, rugs, and textile articles
• Printing and related service activities
• Retail and wholesale of machinery, equipment, and household goods
• Freight transport and logistics support

With Vietnam’s textile industry being a major global supplier, MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY plays a crucial role in meeting the demands of international brands and domestic retailers.

Financial Performance and Growth Trends

In 2023, the company’s total assets increased by 9.52% to USD 10.59 million, while equity rose by 15.76%, reaching USD 2.85 million. Despite these positive indicators, sales declined by 8.09% to USD 16.15 million, reflecting market fluctuations and challenges in the garment sector. However, profitability remained strong, with a 7.27% increase, reaching USD 1 million.

This financial performance highlights the company's ability to sustain profitability even during periods of revenue decline, demonstrating resilience in a competitive industry.

Ensuring Business Credibility with VBI’s Business Verification Services

For investors, suppliers, and business partners considering engagement with MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY, thorough business verification and financial due diligence are crucial. VANGUARD BUSINESS INFORMATION LLC (VBI) offers comprehensive business intelligence services, including:

• Business registration and ownership verification
• Financial risk assessment and revenue trend analysis
• Private company financial data insights
• Industry benchmarking and competitor analysis

With VBI’s expertise, businesses can make informed decisions, verify credibility, and mitigate risks when working with Vietnamese garment manufacturers like MINH ANH KHOAI CHAU GARMENT JOINT STOCK COMPANY.