CYC: CYC stock to be delisted

On March 31, 2017, the Hochiminh Stock Exchange (HOSE) received the 2016 consolidated financial statements by Chang Yih Ceramic Joint Stock Company (stock code: CYC). Accordingly, the after-tax profit in 2016 was – 8.9 billion dongs, the undistributed after-tax profit at 12/31/2016 was – 34.61 billion dongs.  Besides, the Company had losses in two consecutive years (2014 and 2015) with -13.44 billion dongs in 2014 of and – 37.47 billion dongs in 2015.

HOSE is implementing procedure to delist the stock of CYC due to CYC’s losses in three consecutive years. 

HOSE

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