Friday, 18/09/2015 15:43

MCG: Continue to be in the warning status

On September 14, 2015, the Hochiminh Stock Exchange (HOSE) received the 2015 semi-annual reviewed consolidated financial statements by Vietnam Mechanization Electrification & Construction Joint Stock Company (Code: MCG). According to the report, the after-tax profit of the parent company’s shareholders in the first 6 months of 2015 is 10.65 billion dongs and the undistributed after-tax profit by June 30, 2015 is 13.30billion dongs.

Therefore, the Company has not overcome the causes making the stock under the warning status.

HOSE continues to remain the warning status for the stock MCG and will consider solutions for the stock MCG after having the 2015 audited consolidated financial statements.

However, the Company has used the amount of 136.34 billion dongs from the capital surplus to handle the loss on the undistributed after-tax profit, thus, the undistributed after-tax profit in practice (not handling the loss) by June 30, 2015 is -123.03 billion dongs.

HOSE

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