199 Joint Stock Company meeting in early spring 2024

Towards the 50th anniversary of the company's founding (July 27, 1974 - July 27, 2024), on the morning of January 18, 199 Joint Stock Company, Mau Chu village, Thanh Ha commune (Thanh Liem) organized a spring meeting with the company's key staff through the years.

199 Joint Stock Company, formerly known as 27/7 Ha Nam Ninh War Invalids Garment Enterprise, was established on July 27, 1974, equitized from a State-owned enterprise and switched to operating as a Joint Stock Company from January 1, 2006.

Since its establishment, 199 Joint Stock Company has been one of the units specializing in manufacturing garments for defense missions with more than 40 years of experience. Products manufactured by 199 Joint Stock Company such as military uniforms, jackets, shirts, vests, windbreakers, and protective workwear are currently available in domestic and foreign markets such as Korea, the United States, the EU, etc.

With efforts in research, quality improvement and labor productivity enhancement, 199 Joint Stock Company has won the complete trust of demanding domestic and foreign customers, annual revenue reaching about 70 billion VND, average annual growth reaching 15 - 20%.

Speaking at the meeting, Mr. Le Anh Dung, Chairman of the Board of Directors of 199 Joint Stock Company, said: Currently, the company has 4 production teams. The staffing model due to equitization is very streamlined, full employment, ensuring income for workers. Over the past year, with the attention of the leaders of the logistics department, the Party Committee of X20 Joint Stock Company, the efforts of the Board of Directors and the Board of Directors, 199 Joint Stock Company has completed and exceeded the targets on salary and income. This is a good thing to celebrate the 50th anniversary of the company's establishment. After many ups and downs, up to now, 199 Joint Stock Company has affirmed its brand and position in the market, inheriting the tradition built by the previous generation.

Regarding the results of production and business activities in 2023: Total revenue of more than 67.5 billion VND, pre-tax profit of 2.1 billion VND, budget payment, insurance for employees according to regulations. The company currently has more than 140 employees, with an average income of 10.8 million VND/person/month.

Chairman of the Board of Directors of 199 Joint Stock Company Le Anh Dung also expressed his thanks to the key officials of all periods who attended the meeting. At the same time, he hopes to continue receiving the attention and contributions of the comrades to build 199 Joint Stock Company to develop stronger and more sustainably.

On this occasion, 199 Joint Stock Company presented meaningful gifts to key staff of the company through the periods, as a thank you and a happy new year 2024.

Hai Yen

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