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“DIC Corp Reports 55% Drop in First-Half Year Profit After Audit”
DIC Corp. is proud to announce that we have achieved 27.6% of our annual revenue target and approximately 2% of our annual profit goal. While we have a long way to go, this is a testament to the hard work and dedication of our team. With our innovative strategies and unwavering commitment, we are confident in our ability to surpass these milestones and achieve even greater success in the coming months. Stay tuned as we continue to strive for excellence and make our mark in the industry.
“State Audit: Some of the Mining and Mineral Group’s Investments ‘Conceal Risks'”
The State Audit Office has revealed that the Vietnam National Coal, Mineral Industries Holding Corporation has a number of long-term financial investments that are currently underperforming and pose a financial risk.
The Uncertain Future: A Series on Businesses Under Audit Scrutiny
Many newly-listed companies have released their reviewed semi-annual financial statements for 2024. However, auditors have raised concerns about their ability to continue operating as going concerns.
The Unusual Story: Tan Tao Approaches 30 Audit Firms but Gets Rejected – What’s...
"According to Tan Tao, the entire auditing firm is afraid of working with them due to the potential suspension by the Securities Commission. This is a bold statement, and one that certainly captures attention. However, it is important to delve deeper and understand the intricacies of such a claim. The implication here is that the company's operations are so complex and unique that they strike fear into the hearts of even the most seasoned auditors. This intriguing proposition piques the interest of potential investors and stakeholders, prompting them to want to learn more about this enigmatic company and the nature of its business."
Why Are All Audit Firms in Vietnam Afraid of This Company?
This business is actively seeking to engage reputable auditing firms to perform the audited financial statements for 2023 and the reviewed interim financial statements for the first half of 2024.
The Profit Rises: HBC’s Post-Audit Earnings Soar by Nearly VND 90 Billion
The company's net profit reached an impressive 830 billion VND, a remarkable turnaround from the loss of 713 billion VND incurred in the previous year. This represents an additional 88.76 billion VND in profit compared to the self-prepared financial statements, showcasing a significant improvement in financial performance.
Profits of Hòa Bình Construction (HBC) Surge by Nearly a Thousand Billion Following Audit
Hòa Bình recorded an impressive after-tax profit of nearly VND 830 billion, a remarkable turnaround from the previous year's loss of VND 713 billion. This figure also represents an increase of approximately VND 90 billion compared to the self-prepared financial statements, showcasing a strong financial performance.
The Evaporation of LDG’s Profits: A Post-Mortem of the 2024 Semi-Annual Audit
The main reason for the discrepancy is due to the current audit firm making additional provisions for doubtful debts compared to the previously published consolidated financial statements for the second quarter of 2024.
The Accumulated Loss of Nearly a Trillion Dong: HAG’s Response to Audit’s Doubt Regarding...
As of June 30, 2024, the company associated with Bau Duc has incurred accumulated losses of over 957 billion VND. In addition, the company has failed to make interest payments on its bonds, with the total value amounting to nearly 3,278 billion VND.
The End is Nigh: HNG’s Ability to Continue Operations Questioned by Auditors
The Hoang Anh Gia Lai Joint Stock Company (HAGL Agrico) has come under scrutiny from auditors, who have raised concerns about its ability to continue operating as a going concern. As of the latest report, the company has accumulated losses of up to 8.5 trillion VND, and has been flagged for breaching loan agreement terms.