MCG: MCG shares likely to be delisted
On February 02, 2023, the Hochiminh Stock Exchange (HOSE) issued a document announcing the possibility of delisting for the shares of MCG Energy and Real Estate Joint Stock Company (HOSE: MCG) due to the profit after tax of the parent company’s shareholders in 2020 was -9.33 billion dongs and 2021 was -36.78 billion dongs according to the audited consolidated financial statements in 2020 and 2021. In addition, the Company’s profit after tax in 2022 and profit after tax of parent company’s shareholders was -84.48 billion dongs according to the consolidated financial statements in Quarter 4.2022. Because MCG Energy and Real Estate Joint Stock Company has suffered a loss in business results for 3 consecutive years 2020, 2021 and 2022, so the shares of MCG Energy and Real Estate Joint Stock Company are likely to be delisted if the audited financial statements in 2022 continue to have the business result is negative.
HOSE
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