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OGC: OGC still in the supervision status On 04/14/2017, the Hochiminh Stock Exchange issued Decision No.125/QD-SGDHCM to put the stock OGC of Ocean Group Joint Stock Company under supervision status from 04/21/2017 because the after-tax profit at 12/31/2015 was -1,780.18 billion dongs, the after-tax profit of parent company in 2016 was -727.93 billion dongs, and the undistributed after-tax profit at 12/31/2016 was -2,479.73 billion dongs.
On 04/10/2019, HOSE received the 2018 audited consolidated financial statements from Ocean Group Joint Stock Company (OGC). Accordingly, the after-tax profit of parent company in 2018 was 26.01 billion dongs and the undistributed after-tax profit at 12/31/2018 was -2,860.99 billion dongs. Besides, there are still except-for and emphasized opinions by the audit company.
On 11/04/2019, HOSE received Official Document No.074/2019/CV-OGC dated 04/10/2019 from OGC explaining the except-for and emphasized opinions on the audited separate and consolidated financial statements in 2018.
HOSE will remain the supervision status for the stock OGC and will consider solutions for the stock OGC after having the 2019 semi-annual reviewed financial statements. HOSE
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