On April 05, 2017, the Hochiminh Stock Exchange (HOSE) issued Decision No. 104/QD-SGDHCM to change the stock LCM of Lao Cai Mineral Exploitation and Processing JSC from under the warning to the supervision status as from April 11, 2017 because according to the Company’s audited consolidated financial statements, the undistributed after-tax profit at 12/31/2015 was -31,411,518,616 dongs and the after-tax profit of the parent company’s shareholders was -8,858,431,983 dongs. The undistributed after-tax profit at 31/12/2016 was -40,269,950,599 dongs.
On August 30, 2019, HOSE received the 2019 semi-annual reviewed consolidated and separate financial statements from Lao Cai Mineral Exploitation and Processing Joint Stock Company (LCM). After checking the statements, HOSE decided to remain the supervision status for the stock LCM and will consider solutions for the stock LCM after having the 2019 audited financial statements.