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JVC: JVC still in the warning status According to Decision No.462/QD-SGDHCM by the Hochiminh Stock Exchange, the shares of Japan Vietnam Medical Instrument Joint Stock Company (stock code: JVC) was changed from supervision status to warning status as of December 15, 2017 because the profit after tax of JVC in the first six months of 2017 was 4.35 billion dongs, and the undistributed profit after tax until September 30, 2017 was -1,017.42 billion dongs, according to JVC’s 2017 semi-annual reviewed consolidated financial statements. Besides, the Company received Announcement No.1003/TB-SGDHCM dated July 18, 2019 on the maintenance of warning status.
On July 01, 2020, the Hochiminh Stock Exchange (HOSE) received the 2019 audited financial statements (fiscal year from 04/01/2019 to 03/31/2020) of Japan Vietnam Medical Instrument Joint Stock Company. According to the report, the after-tax profit of the parent company’s shareholders in 2019 was 2,796,028,877 dongs, and the undistributed after-tax profit until March 31, 2020 was -1,015,123,101,103 dongs, and the auditor gave an except-for opinion.
Therefore, HOSE continues to remain the warning status for the stock JVC and will consider solutions for the stock JVC after having the 2020 semi-annual reviewed financial statements.
HOSE
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