HVG: Continue to be in the special supervision and supervision status

According to Decision No. 21/QD-SGDHCM dated 01/19/2018 by the Hochiminh Stock Exchange, the stock HVG of Hung Vuong Corporation was put under supervision status because the after-tax profit of 2016 and 2017 are suffered losses.

On June 12, 2019, HOSE received the separate financial statements and reviewed consolidated financial statements for the first six months of 2019 (from 10/01/2019 to 09/30/2019). According to the report, the after-tax profit of the parent company’s shareholders was -111.88 billion dongs, accumulated losses until 03/31/2019 was -527.84 billion dongs. Besides, the auditorexpressed an except-for opinion.

Therefore, HOSE will remain the supervision status for the stock HVG and will consider solutions for the stock VHG after having the 2019 audited financial statements.

HOSE

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