According to Decision No. 104/QD-SGDHCM dated 04/05/2017 by the Hochiminh Stock Exchange, the stock Lao Cai Mineral Exploitation and Processing Joint Stock Company was put under supervision status because its undistributed after-tax profit at 12/31/2015 was -31,411,518,616 dongs, the after-tax profit of parent company in 2016 was – 8,858,431,983 dongs and undistributed after-tax profit at 12/31/2016 was – 40,269,950,599.
On August 29, 2018, the Hochiminh Stock Exchange (HOSE) received the 2018 audited semi-annual financial statements of Lao Cai Mineral Exploitation and Processing Joint Stock Company (code: LCM). According to the report, LCM has not overcome the causes making the stock under the supervision status.
HOSE continues to remain the supervision status for the stock LCM and will consider solutions for the stock LCM after having the 2018 audited financial statements.