HCM CITY (VNS0— The Ha Noi Stock Exchange announced shares of Vinaconex Xuan Mai Concrete&Construction (XMC) were put under alert status from yesterday due to incurring large losses in 2012.
XMC was VND10.1 billion ($481,000) in the red last year after audit. In addition, its short-term liabilities exceeded its current assets by nearly VND206.6 billion ($9.8 million). The exchange said XMC will be put out of alert status after the company has rectified these shortcomings.
On the same day, the HCM City Stock Exchange also revealed shares of House Viet Nam Co (NVN) will be put under alert status from Monday as the company incurred losses of over VND51.3 billion ($2.4 million) in 2012. — VNS