Indochine Investment Company outlines plan to address warning status
Indochine Import Export Investment Industrial Joint Stock Company (DDG) reported a net loss of 138,768,576,415 VND for the first six months of 2025. This, coupled with delays in submitting financial statements, led to its shares being placed under warning by the Hanoi Stock Exchange on September 18, 2025.
In response, the company plans to implement several measures. These include reducing outstanding debt to credit institutions, optimizing interest and other costs, and developing a sound business strategy to address negative impacts. The company will also focus on expanding its product distribution network and restricting investments in inefficient business segments to stabilize cash flow.
Furthermore, DDG intends to improve control processes to reduce administrative and production costs, and accelerate the collection of debt confirmation letters (especially for loans and financial leases) for proper adjustment in financial reports.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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