On August 30, 2019, the Hochiminh Stock Exchange (HOSE) received the 2019 semi-annual consolidated financial statements of Hoang Anh Gia Lai Joint Stock Company (code: HAG). According to the report, the after-tax profit of the parent company’s shareholders in the first six months of 2019 was -516.52 billion dongs, and the undistributed after-tax profit until June 30, 2019 was -728.17 billion dongs. Besides, the audit firm still gave an except-for opinion related to short-term and long-term receivables; an except-for opinion on the corporate income tax; and an emphasis of matter related to the fact that the Company Group has violated certain terms of loans and bonds.

Therefore, HAG continues to suffer losses and has not overcome the causes making the stock under the warning status.

HOSE continues to remain the warning status for the stock HAG and will consider solutions for the stock HAG after having the 2019 audited consolidated financial statements.