HOT: HOT shares likely to be delisted

According to Decision No.400/QD-SGDHCM dated June 20, 2022 by the Hochiminh Stock Exchange, HOT stock of Hoi An Tourist Holding Company was remained the supervision status because the profit after tax of shareholders of parent company’s shareholders in 2020 was -25.07 billion dongs, the profit after tax of shareholders of parent company’s shareholders in 20201 was -21.098 billion dongs, according to the audited consolidated financial statements in 2020 and 2021. This is subjected to the controlled securities.

According to the interim reviewed consolidated financial statements for 2022, the profit after tax of shareholders of parent company’s shareholders was -11.697 billion dongs, the undistributed profit after tax until June 30, 2022 was -57.124 billion dongs.

Pursuant to Point e Clause 1 Article 120 of Decree No.155/2020/ND-CP dated December 31, 2020 by the Government on detailing and guiding the implementation of a number of articles of the Law on Securities, HOSE would like to note the possibility of delisting of HOT stock if the profit after tax of shareholders of parent company’s shareholders in the 2022 audited financial statements is negative. 

HOSE

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