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OGC: Continue to be in the supervision status
HSX - 9/6/2018 3:06:00 PM
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According to Decision No. 125/QD-SGDHCM dated 04/14/2017 by the Hochiminh Stock Exchange, the stock OGC of Ocean Group Joint Stock Company was put under supervision status because its undistributed after-tax profit at 12/31/2015 was -1,780.18 billion dongs, the after-tax profit of parent company in 2016 was -727.93 billion dongs and undistributed after-tax profit at 12/31/2016 was -2,479.73.

        On August 29, 2018, the Hochiminh Stock Exchange (HOSE) received the 2018 audited semi-annual financial statements of Ocean Group Joint Stock Company (code: OGC). According to the report, the after-tax profit of parent company was -12.68 billiondongs, the undistributed after-tax profit at 06/30/2018 was -2.899.28 billion dongs and there are still except-for opinion. Thus, OGC has not overcome the causes making the stock under the supervision status. 

HOSE continues to remain the supervision status for the stock OGC and will consider solutions for the stock OGC after having the 2018 audited consolidated financial statements.

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