On June 29, 2021, the Hochiminh Stock Exchange has issued a decision to change the shares of Japan Vietnam Medical Instrument Joint Stock Company (stock code: JVC) from warning status to supervision status as of July 06, 2021 because JVC’s undistributed profit after tax until March 31, 2020 (fiscal year 2019) was -1,015.12 billion dongs and its profit after tax in the audited financial statements of fiscal year 2020 was -76.68 billion dongs.

On December 02, 2021, the Hochiminh Stock Exchange received the 2021 semi-annual reviewed financial statements from JVC (fiscal year from 04/01/2021 to 03/31/2022). Accordingly, the after-tax profit of shareholders of parent company in the first six months was -2,752,522,246 dongs, the undistributed after-tax profit on September 30, 2021 was -1,094,646,643,038 dongs while the Company’s charter capital is 1,125,001,710,000 dongs. Besides, the auditor gave a qualified opinion.

Therefore, HOSE decided to maintain the supervision status over the stock JVC and will consider solutions after having JVC’s 2021 audited consolidated financial statements.