SAV: SAV still in the warning status

On Macrh 13, 2018, the Hochiminh Stock Exchange (HOSE) received the 2017 audited financial statements of Savimex Corporation (code: SAV). According to the report, the after-tax profit in 2017 was 16.29 billion dongs, and the undistributed after-tax profit until December 31, 2017 was 19.09 billion dongs. According to the 2017 semi-annual reviewed financial statements, the Company used 49.36 billion dongs from the capital surplus to clear the accumulated loss. Therefore, SAV has not been eligible to be released from the warning status.

HOSE continues to remain the warning status for the stock SAV and will consider solutions for the stock SAV after having the 2018 semi-annual financial statements.

HOSE

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