QBS: QBS still in the supervision status

On 08/29/2021, Quang Binh Import and Export Joint Stock Company (symbol: QBS) disclosed the 2021 semi-annual reviewed financial statements. Accordingly, the after-tax profit of shareholders of parent company in the first six months was 0,5 billion dongs, the undistributed after-tax profit on 06/30/2021 was -3,042 billion dongs, the owner’s equity on 06/30/2021 was -92,4 billion dongs.

Because the after-tax profit of shareholders of parent company in the first six months was only 0.5 billion dong and during the period the Company had another income not from main business activities but due to the compensation penalty (3.5 billion dong) from a related company (Cat Long JSC, with the same Chairman of the Board of Directors), pursuant to the provisions of Clause 5, Article 23 of the Regulations on Securities Listing on the Hochiminh Stock Exchange (HSOE) issued together with Decision 85/QD-SGDHCM dated 03/19/2018: “In necessary cases, to protect the interests of investors, the Stock Exchange may consider maintaining the supervision status over securities of listed organizations", HOSE continues to maintain the supervision status over the stock QBS and will consider solutions after having the 2021 audited financial statements.

HOSE

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