Mie’s conference summary of 2024 and 2025 task implementation
17/01/2025
On the morning of January 15, 2025, in Hanoi, Machines and Industrial Equipment Corporation - JSC (MIE) held the conference summary of 2024 and 2025 implementation task for 2025.
On the morning of January 15, 2025, in Hanoi, Machines and Industrial Equipment Corporation - JSC (MIE) held the conference summary of 2024 and 2025 implementation task for 2025.
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Mr. Tran Quoc Toan, Chairman of the Board of Directors, and Mr. Le Huy Hai, General Director of MIE, chaired the meeting.
In 2024, according to the General Statistics Office, Vietnam's economy grew by 7%, with the industrial production index increasing by 8.24% compared to the previous year, the highest increase since 2020. This level is only lower than the growth rates of 2018, 2019, and 2022 in the past 15 years, indicating a clear economic recovery. The economic recovery has also created favorable conditions for the production and business activities of the Corporation.
However, alongside these advantages, the Corporation still faced many challenges, such as: outdated machinery and equipment technology, weak financial and human resources, unresolved legacy issues, and changes in senior leadership personnel,…
With a proactive spirit in addressing challenges, combined with the strong direction of the Corporation's leadership and the efforts and determination of all employees, MIE's 2024 production and business results were positive.
Mr. Vu Trung Thuc, Deputy General Director of MIE, reported on the 2024 production and business results and the 2025 plan.
The main performance indicators are as follows:
* Corporation
- Industrial production value: VND 1,387.45 billion, achieving 122.7% of the 2024 plan.
- Total revenue: VND 1,648.36 billion, achieving 121.74% of the 2024 plan. Industrial production revenue was VND 1,332.8 billion, achieving 116.0% of the 2024 plan.
- Export turnover: USD 11.09 million, achieving 142.48% of the 2024 plan.
- Pre-tax profit: VND 8.89 billion, achieving 167.8% of the 2024 plan.
- The Corporation had 849 employees, with an estimated average income of VND 12.77 million/person/month, achieving 109.1% of the 2024 plan.
* Parent Company
- Industrial production value and industrial production revenue: VND 218.8 billion, achieving 96.0% of the 2024 plan due to delays in some projects and works.
- Total revenue: VND 319.88 billion, achieving 106.63% of the 2024 plan.
- Export turnover: USD 0.19 million.
- Pre-tax profit: VND 2.11 billion, achieving 273.6% of the 2024 plan.
- The average income of the parent company's employees was estimated at VND 19.62 million/person/month, achieving 102.94% of the 2024 plan.
The meeting also assessed the factors affecting the Corporation's production and business activities and set out the main 2025 plan targets as follows:
* Corporation
- Total revenue: VND 1,524.9 billion.
- Industrial production value: VND 1,318.0 billion.
- Industrial production revenue: VND 1,258.0 billion.
- Export turnover: USD 9.08 million.
- Import turnover: USD 0.5 million.
- Pre-tax profit: VND 10.4 billion.
- Average income: VND 12.7 million/person/month.
* Parent Company
- Total revenue: VND 289.3 billion.
- Industrial production value: VND 219.3 billion.
- Industrial production revenue: VND 219.3 billion.
- Pre-tax profit: VND 2.3 billion.
- Average income: VND 19.99 million/person/month.
At the meeting, on behalf of the leadership and the MIE Trade Union Executive Committee, Ms. Dinh Hong Mai, Chairwoman of the MIE Trade Union, launched a patriotic emulation movement, striving to exceed the 2025 plan targets to celebrate the major national holidays and the 35th anniversary of MIE's establishment, according to Joint Plan No. 07/KHLT-MIE-CD dated January 14, 2025, of the General Director and the MIE Trade Union Executive Committee.
Ms. Dinh Hong Mai, Chairwoman of the MIE Trade Union, launched the 2025 emulation movement.
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