PXT: PXT still in the warning status
On August 14, 2018, the Hochiminh Stock Exchange (HOSE) received the 2018 audited semi-annual financial statements of Petroleum Pipeline & Tank Construction Joint Stock Company (code: PXT). According to the report, the after-tax profit was 1.70 billion dongs and the undistributed after-tax profit until June 30, 2018 was -112.13 billion dongs. Besides, the audit firm gave an unqualified opinion (the company has overdue liabilities as at 30 June 2018 of VND57 billion.)
Therefore, PXT continues to suffer losses and has not overcome the causes of the auditor gave an excepting for opinion.
HOSE continues to remain the warning status for the stock PXT and will consider solutions for the stock PXT after having the 2018 audited financial statements.
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