The decision to transfer shares of Vietnam Airlines Corporation (Vietnam Airlines) from the control to limit transactions has just been announced by the Ho Chi Minh City Stock Exchange (HoSE) on the afternoon of July 5.

Previously, the Department also put this code under control from the beginning of May because it was 30 days late to submit audited financial statements. At the end of March, Vietnam Airlines applied to the Securities and Exchange Commission and HoSE for a delay in submitting the 2022 audited financial statement, but it was not approved.

At the meeting in early May, Vietnam Airlines said that it was reorganizing, arranging and stabilizing its production and operation activities and gradually reorganizing its enterprises. According to the airline, the audit department still needs extra time to collect, compare and comprehensively evaluate relevant information so as to complete the audit of financial reports.

 

HoSE warned in February that if the after-tax interest of shareholders of the parent company is negative or the share capital of Vietnam Airlines is negative, HVN shares may be cancelled. According to an independent report, as of the end of last year, the accumulated profit of shareholders of the parent company of Vietnam Airlines was negative about 321 trillion rupiah. The owner's capital of this company is more than 10%. A trillion guilders.

In the first half of this year, the commercial production activities of Vietnam Airlines actively recovered. The company does about 64. 300 flights carried 10.14 million passengers, a year-on-year increase of 23.6%. According to the preliminary results, the company recorded more than 45% sales. 200 billion dong, an increase of nearly 50% over the same period in 2022. This income level is only slightly lower than the pre-translation stage in 2019.