OGC: Continue to be in the supervision status

According to Decision No.125/QD-SGDHCM dated 04/14/2017 by the Hochiminh Stock Exchange, the stock OGC of Ocean Group Joint Stock Company was put under supervision status from 04/21/2017 because the after-tax profit at 12/31/2015 was -1,780.18 billion dongs, the after-tax profit of parent company in 2016 was -727.93 billion dongs, and the undistributed after-tax profit at 12/31/2016 was -2,479.73 billion dongs.

On 08/29/2017, HOSE received the 2017 semi-annual reviewed consolidated financial statements of OGC. Accordingly, the after-tax profit in the first six months of 2017 was -274.08 billiondongs and the undistributed after-tax profit at 06/30/2017 was -2,763.07 billion dongs. Therefore, OGC has not overcome the causes making the stock under the supervision status.

HOSE will remain the supervision status for the stock OGC. 

HOSE

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