SMC Joint Stock Company (stock code SMC) has just announced a decision to put SMC shares under warning status on the stock market. The reason for this decision mainly stems from the company’s unsatisfactory business results in recent times. Specifically, SMC’s profit has significantly decreased, leading to the shares failing to meet the financial and operational criteria. The warning status will allow investors to make more informed decisions when trading this stock. SMC also stated that it will implement necessary measures to improve its business situation and restore investor confidence in the near future.
Leave a Reply