GAS: Late in disclosure of explanation for financial statements
On August 17, 2020, the Hochiminh Stock Exchange (HOSE) received the separate and consolidated financial statements for the first six months of 2020 by PetroVietnam Gas Joint Stock Corporation. On August 21, 2020, HOSE received an explanation for fluctuations in business results in the first six months of 2020 compared to the same period of 2019. However, the document just included the explanation for differences in business results in the consolidated financial statements, without the explanation for differences in the parent company’s financial statements (decreasing nearly 30% compared to the same period).
Pursuant to Point a, Clause 4, Article 11 of Circular 155/2015/TT-BTC dated October 06, 2015, the Company was late in the disclosure of explanation and has not disclosed the explanation for fluctuations in business results of parent company. Therefore, HOSE reminded and suggested the Company comply with the regulations on disclosure of information on the securities market in order to ensure shareholders’ interests and supplement additional explanation documents.
HOSE
> CRE: Board resolution on an investment project (28/08/2020)
> SDT: Reviewed financial statement 2020 (28/08/2020)
> SD4: Explanation for the profit after tax of the first 6 months of 2020 (28/08/2020)
> MPT: _Information disclosure of termination of operation of the Company’s Hung Yen Branch (28/08/2020)
> BKC: Explanation for the difference in profit after tax of the first 06 months of 2020 (28/08/2020)
> ACM: Explanation for the difference in profit after tax of the first 06 months of 2020 (28/08/2020)
> APS: Explanation for the qualified opinion of the auditors at the reviewed Semi-annual Financial Statement of 2020 (28/08/2020)
> LCS: Explanation for the difference in consolidated profit after tax of the first 6 months of 2020 (28/08/2020)
> VFC: Reviewed financial statement 2020 (28/08/2020)
> VFC: Reviewed financial statement 2020 (holding company) (28/08/2020)
