Shares of Vietnam Airlines Corporation (Vietnam Airlines) HVN were officially traded full time again on the Ho Chi Minh Stock Exchange after few days with limited trading time.
|Photo: Vietnam Airlines
HVN surged in November 5’s session, to the ceiling price of VND24,450 per share.
Previously, the shares of the company was allowed to trade in the afternoon session of the trading day according to the decision of the Ho Chi Minh City Stock Exchange due to the national flag carrier’s losses.
As of June 30, its accumulated loss was VND17.8 trillion (US$728.2 million), exceeding the actual charter capital contributed by all shareholders to more than VND2.75 trillion ($121 million).
The Vietnamese group is also applying for an extension to disclose information about the third quarter financial report.
On November 30, Vietnam Airlines Corporation is expected to hold an Extraordinary General Meeting of Shareholders in Hanoi.