Hòa Thọ Textile Joint Stock Company (MCK: HTG) recently received Decision 2512/QĐ-CCTKV.XII from Region XII Tax Department regarding tax offense fine. The company was fined nearly 128.7 billion VND for misreporting corporate income tax for 2023. The total amount owed to the state budget, including tax, fines, and late payment interest, was about 825 million VND. However, on January 2, 2025, the company paid all tax and late fees, leaving a fine of nearly 128.7 million VND. Earlier, on May 16, 2025, Hòa Thọ was fined over 3 million VND for misreporting value-added tax. Regarding business performance, in Q1 2025, the company reported a revenue of 1,277.5 billion VND and a net profit of nearly 57.8 billion VND. As of March 31, 2025, total assets decreased by 4.3% to 2,797.5 billion VND, with inventory accounting for 23.3% of total assets.
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