Machines and Industrial Equipment Corporation
UUPCOM:MIE5,500.00
VND
0.00
(0.00%)
ISIN
VN000000MIE4
Return %
Stock
S&P 500
1Y
-19.12
14.20
3Y
-38.89
81.12
5Y
-45.00
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Ha Noi Vietnam
- IPO Date
- Dec 15, 2017
- Website
- mie.com.vn
- Similar Companies
- Business
- Machines and Industrial Equipment Corporation (UPCoM: MIE) is a Vietnam-based industrial engineering and manufacturing enterprise specializing in mechanical fabrication, complete industrial equipment systems, machine tool manufacturing, and engineering, procurement, and construction (EPC) services. Founded in 1990 and headquartered in Hanoi, Vietnam, the corporation operates across heavy engineering and industrial sectors, catering to thermal and hydroelectric power, cement, metallurgy, mining, chemical, agricultural, and general manufacturing industries. The company's primary business activities and product portfolios include complete equipment lines and heavy machinery for hydropower, thermal power, cement, paper, and sugar processing facilities; metalworking machinery and machine tools, including CNC gas and plasma cutting machines, universal lathes, milling machines, drilling machines, and shaping machines; precision metal cutting tools, tooling fixtures, and industrial grinding wheels and abrasive materials manufactured under the Hai Duong brand; hydro-mechanical equipment, penstocks, hydromechanical gates, pressure tanks, and large-scale industrial steel structures; mechanical transmission systems, specialized industrial gearboxes, gears, and precision casting components; agricultural machinery, dredging vessels, and farming equipment components; and environmental and construction systems, such as industrial dust filtration systems, concrete mixing plants, and electronic weighbridges. In addition to manufacturing, the corporation offers industrial plant installation, mechanical maintenance, non-destructive testing, calibration, mineral processing, medical equipment production, and international commercial trading of industrial raw materials and plant equipment. MIE operates multiple production facilities throughout Vietnam and distributes products domestically and to international export markets across Asia, Europe, and the Americas through major operating subsidiaries and affiliates, including Hanoi Mechanical Single Member LLC, Quang Trung Mechanical Single Member LLC, Mechanical Products Export-Import LLC, Complete Equipment and Technical Import-Export LLC, Duyen Hai Mechanical JSC, No. 1 Cutting Tool JSC, and Hai Duong Grinding Stone JSC. In recent strategic developments, the corporation is undergoing state capital restructuring as the Ministry of Industry and Trade progresses the transfer of the state's 99.57% ownership representation in MIE to the State Capital Investment Corporation (SCIC) to streamline state asset governance. Concurrently, MIE is advancing operational restructuring across its manufacturing subsidiaries to enhance CNC machining and automated casting technologies, optimize supply chain efficiency, and strengthen bidding participation in national infrastructure and renewable energy projects.