Firms face probable delisting after three-year lossesA number of listed companies risk being forced to leave the stock market after they reported losses for three consecutive years. It also reported cumulative losses of VND268 billion in the two previous years. In 2015 and 2016, KHL reported losses of VND2.74 billion and VND57.3 billion, respectively. Textbook Printing and Simco Song Da also announced losses for three consecutive years in 2017, but their losses declined sharply to around VND1 billion each. On the other end of spectrum, Sai Son Cement JSC (SCJ) and Song Da 7 JSC (SD7) returned to profitability in 2017 after two years of incurring losses.

Source: VietNamNet News March 04, 2018 04:30 UTC