According to Decision No.125/QD-SGDHCM dated April 14, 2017 by the Hochiminh Stock Exchange (HOSE), the stock OGC of Ocean Group Joint Stock Company was put under supervision status as from April 21, 2017 because the undistributed after-tax profit at 12/31/2015 was -1,780.18 billion dongs, the profit after tax of parent company’s shareholders on the audited consolidated financial statements in 2016 is -727.93 billion dongs and the undistributed after-tax profit at 12/31/2016 is -2,479.73 billion dongs.
On August 29, 2019, the Hochiminh Stock Exchange (HOSE) received the 2019 semi-annual reviewed financial statements of Ocean Group Joint Stock Company (Code: OGC). Accordingly, the profit after tax of parent company’s shareholders in six months of 2019 is -4.06 billion dongs and the undistributed after-tax profit at June 30, 2019 is -2,873.76 billion dongs, the company is still presented an except for opinion by the audit firm.
HOSE continues to remain the supervision status for the stock OGC and will consider solutions for the stock OGC after having the 2019 audited financial statements.