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LEC: LEC still in the warning status
HOSE - 9/7/2020 10:56:00 AM
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On April 17, 2020, the Hochiminh Stock Exchange (HOSE) issued Decision No.182/QD-SGDHCM to put the shares of Central Power Real Estate Joint Stock Company (stock code: LEC) into warning status because the profit after tax of shareholders of parent company in 2019 was -557,985,027 dongs according to the 2019 audited consolidated financial statements.

On August 26, 2020, HOSE received the reviewed financial statements for the first six months of 2020 by Central Power Real Estate Joint Stock Company. Accordingly, the after-tax profit of the parent company’s shareholders in the first six months of 2020 was -8.5 billion dongs, and the undistributed after-tax profit until June 30, 2020 was 41.7 billion dongs. The Company has not overcome the cause of warning status.

Therefore, HOSE continues to remain the warning status for the stock LEC and will consider solutions for the stock LEC after having the 2020 audited financial statements. 

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