TTF: TTF still in the supervision status

On April 24, 2019, the Hochiminh Stock Exchange (HOSE) issued Decision No.138/QD-SGDHCM to change the stock TTF of Truong Thanh Furniture Corporation from warning status to supervision status from May 06, 2019 because the undistributed after-tax profit in 2017 was -1,406.8 billion dongs, the after-tax profit of parent company in 2018 was -715.1 billion dongs.

On April 09, 2020, HOSE the 2019 audited financial statements from Truong Thanh Furniture Corporation. Accordingly, the consolidated after-tax profit of the parent company was -897 billion dongs and the accumulated loss at December 31, 2019 was -3,019 billion dongs. Besides, the audit company gave an emphasized opinion on the continuous operation ability of the company group.  

Therefore, HOSE will remain the supervision status for the stock TTF.

HOSE

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