Thursday, 07/09/2017 08:23

PTC: PTC still in the warning status

On August 29, 2017, the Hochiminh Stock Exchange (HOSE) received the 2017 semi-annual reviewed consolidated financial statements of Post and Telecommunications Investment and Construction Joint Stock company (code: PTC). According to the report, the after-tax profit of the parent company’s shareholders in the first six months was 15,754,947,874 dongs, but the undistributed after-tax profit at June 30, 2017 was -6,262,332,356 dongs. Besides, the auditor gave an except-for opinion regarding subsidiaries such as Central Vietnam Posts And Telecommunications Construction Joint - Stock Company and Song Da Yaly Cement Joint Stock Company related to the provision for receivables, the payment excess of Bonus and Welfare Fund. Therefore, PTC continues to suffer losses and has not overcome the causes making the stock under the warning status.

HOSE continues to remain the warning status for the stock PTC and will consider solutions for the stock PTC after having the 2017 audited consolidated financial statements. 

HOSE

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