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Thursday, 17/09/2020 15:53

LCM: LCM still in the supervision status

On April 05, 2017, the Hochiminh Stock Exchange (HOSE) issued Decision No. 104/QD-SGDHCM to change the stock LCM of Lao Cai Mineral Exploitation and Processing Joint Stock Company from the warning statue to the supervision status as from April 11, 2017 because according to the Company’s audited consolidated financial statements, the undistributed after-tax profit at 12/31/2015 was -31,411,518,616 dongs and the after-tax profit of the parent company’s shareholders was -8,858,431,983 dongs. The undistributed after-tax profit at 31/12/2016 was -40,269,950,599 dongs.

On August 28, 2020, HOSE received the 2019 audited separate and consolidated financial statements from Lao Cai Mineral Exploitation and Processing Joint Stock Company. After reviewing the financial statements, HOSE decided to remain the supervision status for LCM and will consider solutions for LCM after having the 2020 audited financial statements.

HOSE

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