HCMC – The Hochiminh Stock Exchange, or HOSE, has released a list of 24 businesses that failed to submit their 2022 financial reports on time and urged them to do what is required by law.
Real estate and construction firms make up a majority of these 24 firms as of April 3, 2023, many of which have requested a deadline extension.
Novaland Group Joint Stock Company (stock code NVL) wrote to both the State Securities Commission and the Hochiminh Stock Exchange seeking approval to extend the deadline for submission of its report to April 15.
Hoa Binh Construction Group Joint Stock Company (stock code HBC) also requested a deadline extension for the latest audited financial statement submission for 2022 until May 12.
The list also includes several real estate and construction companies such as Hung Thinh Incons JSC (HTN), Louis Capital JSC (TGG), Everland Group JSC (EVG), LDG Investment JSC (LDG) and two airlines, VietJet Aviation JSC (VJC) and Vietnam Airlines Corporation (HVN).
As of April 3, Apax Holdings and some companies under FLC Group, such as AMD, HAI and GAB, have yet to submit their audited financial statements.
Public companies are required to disclose their audited annual financial statements within 10 days from the audit report signing date but no later than 90 days from the end of the fiscal year, according to the Ministry of Finance.
Therefore, the Hochiminh Stock Exchange asked those firms to submit their audited financial reports as soon as possible.
