The Ho Chi Minh Stock Exchange (HOSE) has added the stock code APG of APG Securities Joint Stock Company to the list of margin cuts due to a negative after-tax profit of over 130 billion VND for 2024, despite a decrease in loss of nearly 20 billion VND compared to the self-reported financial statement. Meanwhile, APG’s operating revenue plummeted by 56% compared to the previous year. This decline is attributed to differences in the reassessment of financial assets and losses when selling assets. HOSE also emphasizes that the company did not adequately implement the capital usage plan from the approved private stock issuance of 770 billion VND. As of March 31, 2025, there are 84 stock codes cut from margin trading, including major companies like Novaland, Vietnam Airlines, and Hoang Anh Gia Lai.
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