HVN shares of Vietnam Airlines will be controlled from May 12
- Enterprise
- 00:14 09/05/2023
DNHN - Previously, Vietnam Airlines HVN shares had been placed on caution since April 25. The cause was determined because despite being reminded, the national airline was slow to publish its audited financial statements for 2022.
Ho Chi Minh City Stock Exchange (HOSE) has recently decided to change the status of over 2,2 billion HVN shares issued by Vietnam Airlines Corporation (Vietnam Airlines) from warning to control, effective December 5, 2023.
The reason given by HOSE is that Vietnam Airlines is more than 30 days past the deadline for submitting its audited financial statements for 2022.
According to regulations, Vietnam Airlines' financial statements for the fiscal year ending on December 31, 2022, must be submitted no later than March 31, 2023. Vietnam Airlines has not released its audited financial statements for 2022 as of the beginning of May, which is more than thirty days past the deadline.
Vietnam Airlines also sent a written explanation to HOSE after the decision to control shares was made. Therefore, on March 29, 2023, Vietnam Airlines issued a written explanation regarding the postponement of financial statement disclosure in 2022. Vietnam Airlines is undergoing a comprehensive restructuring, arrangement, and stabilization to redefine production and business activities and progressively restructure businesses.
To complete the audit of the corporation's financial statements, the audit unit requires additional time to collect, compare, and comprehensively evaluate relevant information.
Currently, Vietnam Airlines is collaborating closely with the audit unit to quickly complete and release the financial report.
In addition, the leaders of Vietnam Airlines have pledged that, in the future, the company will strictly adhere to regulations regarding the publication of annual financial statements to maximize investor returns. and corporate openness.
At the close of trading on the stock market on May 5, HVN shares were priced at 12,700 VND per share.
PV
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