PTL: Continue to be in the supervision status

According to Decision No. 119/QD-SGDHCM dated 04/13/2017 by the Hochiminh Stock Exchange, the stock PTL of Petro Capital & Infrastructure Investment Joint Stock Company was put under supervision status because its undistributed after-tax profit at 12/31/2015 was -143.62 billion dongs, the after-tax profit of parent company in 2016 was 1.03 billion dongs, and the auditor expressed an except-for opinion. 

According to the 2017 semi-annual reviewed consolidated financial statements of PTL, the after-tax profit of parent company was -36.1 billiondongs and the undistributed after-tax profit at 06/30/2017 was -178.689 billion dongs. Besides, Deloitteexpressed an except-for opinion regarding the capital withdrawal of Thang Long Oil Gas Investment Joint Stock Company (*), the value of basement of My Phu Building, the fine due to the delay in the progress of construction and the clearing of debts for the receivables of Saigon Petroleum Construction and Investment Joint Stock Company.

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

(*) This company name is temporarily translated.

HOSE

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