CMX: CMX still in the warning status

On April 01, 2019, the Hochiminh Stock Exchange (HOSE) received the 2018 audited consolidated financial statements of Camimex Group Joint Stock Company (code: CMX). According to the report, the after-tax profit of the parent company’s shareholders was 80.72 billion dongs, and the undistributed after-tax profit until December 31, 2018 was 2.1 billion dongs. Besides, the auditor gave an except-for opinion regarding the fact that the Company had not set up a inventory provision with an amount of 26,494,741,863 dongs and the stake at Camimex Co., Ltd. at 06/30/2013 was higher than the reevaluation value by 8,859,668,800 dongs but the Company had not made any retrospective adjustment.

Therefore, in 2018, CMX had profits and no losses. However, based on the audit’s opinion, HOSE continues to remain the warning status for the stock CMX and will consider solutions for the stock CMX after having the 2019 reviewed semi-annual financial statements.

HOSE

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