PIT: PIT still in the warning status
On August 20, 2020, the Hochiminh Stock Exchange (HOSE) issued Decision No.480/QD-SGDHCM to change the stock of Petrolimex International Trading Joint Stock Company (stock code: PIT) from the supervision status to the warning status as from August 24, 2020 because the profit after tax of shareholders of parent company of PIT in the first six months of 2020 was 675 million dongs and the accumulated loss until June 30, 2020 was 20.12 billion dongs. This is the case of securities changed from the supervision status to the warning status according to the Listing Regulations on the Hochiminh Stock Exchange attached to Decision No.85/QD-SGDHCM dated March 19, 2018.
On March 11, 2021, HOSE received the 2020 audited financial statements from PIT. Accordingly, the profit after tax of shareholders of parent company of PIT in the semi-annual consolidated financial statements was 1.8 billion dongs, the undistributed profit after tax at December 31, 2020 was -18.9 billion dongs. The Company has not yet overcome the cause of the warning situation. Therefore, HOSE decided to remain the warning status for PIT.
HOSE
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