Tuesday, 31/01/2023 16:32

SII: SII shares likely to be delisted

On January 18, 2023, the Hochiminh Stock Exchange (HOSE) issued a document announcing the possibility of delisting for the shares of Sai Gon Water Infrastructure Corporation (HOSE: SII) due to the profit after tax of the parent company’s shareholders in 2020 was -VND104.59 billion and 2021 was -VND73.49 billion according to the consolidated audited financial statements in 2020 and 2021. Accordingly, the profit after tax of the parent company’s shareholders in 2022 was -VND88.92 billion. Because Sai Gon Water Infrastructure Corporation has suffered a loss in business results for 3 consecutive years 2020, 2021 and 2022, so the shares of Sai Gon Water Infrastructure Corporation are likely to be delisted if the Company continues to have business results in 2022 according to the audited financial statement in 2022 is loss.

HOSE

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