Vietravel was fined by the State Securities Commission of Vietnam 60 million dong.
This company was fined 60 million VND for improperly publishing information on the SSC system for many documents including explaining the reasons for after-tax profit in the consolidated financial statements of 2019. Audited and reviewed 2019 consolidated semi-annual financial statements changed from 10% or more compared to the same period last year, explaining the reason for the 5% difference in profit after tax before and after review in the newspaper Audited Consolidated Financial Statement 2019.
In 2020, Vietravel reached 1,936 billion VND in net revenue, down 73% compared to 2019. The company reported a loss of 86 billion VND while in 2019 it made a profit of 40 billion VND.
Source: ndh.vn – Translated by fintel.vn