Shares of the owner of Trang Tien ice cream brand have been put under warning

OCH shares of OCH Hotel and Service Joint Stock Company have been warned from May 9 because the company was late in publishing its audited 2021 financial statements.

Transaction basis Stock Hanoi (HNX) has a decision No. 287/QD-SGDHN on putting OCH shares of OCH Hotel and Service Joint Stock Company under warning from May 9.

The reason is that OCH is slow to publish the report finance in 2021 audited more than 15 days compared with the deadline specified at Point g, Clause 1, Article 37 of the Regulation on Listing and Trading of Listed Securities promulgated together with Decision No. 17/QD-HDTV dated March 31, 2022 of the Board of Directors of the Vietnam Stock Exchange.

Previously, OCH shares were included in the list of securities ineligible for margin trading by HNX, due to the delay in disclosing information about the audited 2021 financial statements more than 5 working days from the date of expiration. information disclosure.

Within 15 days from the effective date of the decision, OCH must send it to the Hanoi Stock Exchange and disclose information along with measures and a roadmap to overcome the warning securities situation.

Regarding the business situation, OCH plans to make a huge profit after changing owners, but suffers a loss in the first quarter of 2022.

Specifically, according to the announced financial report of the first quarter of 2022, OCH reported a loss of nearly 34 billion dong due to the impact of the epidemic, and at the same time, it was not allowed to consolidate the business results of its subsidiary because it had divested since January. 03/2020.

In 2022, OCH sets a target of 991 billion dong in revenue and 22 billion dong in pre-tax profit, up 228% compared to the implementation level in 2021. Thus, after the first quarter of the year, the Company fulfilled about 10% of the target. turnover.

OCH’s accumulated loss as of March 31, 2022 is at VND 746 billion. The company now records 2,300 exchange rate Asset value, in which owner’s contributed capital is at VND 2,000 billion.