Hanoi giant milk has been hit, now the bowl, the stock is controlled



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Wednesday, 11/28/2013 13:11 PM (GMT + 7)

Famous for Izzi milk products for children, Hanoimilk is now doing business to go down, flooded with losses.

Recently, the Hanoi Stock Exchange (HNX) announced that the Hanoi HNM Stock Exchange (HanoiMilk) was under control. The effective date is November 21. HNM shares were also restricted to trading and only traded on Friday.

Hanoi's dairy industry has been hit, now bowls, shares are controlled - 1

Hanoimilk has been known for its milk lines for children

For reasons, HNX said HanoiMilk continued to violate the rules regarding disclosure of information on the stock market after being alerted. HNX will announce the abolition of HNM shares after the company resolves the cause of the violation.

Hanoimilk is famous for the Izzi or Yotuti dairy product line for children, but recently, the company started eating. According to the third quarter 2018 financial report, Hanoimilk achieved revenue of 46.2 billion, after tax income only reached 253 million, but still 2.6 times last year.

The Hanoi dairy industry has been hit, now bowls, shares are controlled - 2

Hanoimilk's income and profits for years. Unit: VND billion

In the first nine months of this year, HanoiMilk's revenue was VND 128.8 billion, unchanged from the same period last year. However, HNM reported a loss of 11.2 billion dong, the same period last year a profit of 354 million.

Last year 2017, Hanoimilk recorded revenues of almost 168 billion and losses of almost 18.7 billion. Hanoimilk recorded a cumulative loss of almost VND36.6 billion.

At the end of the third quarter, the company's total assets were VND485 billion, up VND31 billion from the beginning of the year. Where, liabilities are VND312 billion, equivalent to 64.3% of total assets and equity of VND 173 billion. Currently HNM shares traded at "stone tea" prices are 3000 dong / share, the company's capital is only 60 billion.

Interest rates in the third quarter,

The German stock market is at the lowest level ever.

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