Why are Thuduc House shares on warning list?

(NLDO)- Thu Duc Housing Development Joint Stock Company's shares were put under control from April 9 due to the company's after-tax profit losses in 2023 and 2024.

The Ho Chi Minh City Stock Exchange (HoSE) has just decided to move TDH shares of Thu Duc House Development Joint Stock Company (Thuduc House) from the controlled status to the warning status, effective from September 8.

Accordingly, after Thuduc House announced its audited consolidated financial statements for the first half of 2025, with the parent company's after-tax profit reaching VND 18.9 billion. However, the undistributed after-tax profit as of June 30, 2025 was negative nearly VND 1,037.2 billion.

Previously, TDH was put under control from April 9 due to the parent company's after-tax profit continuously losing in 2023 and 2024.

Closing the trading session on September 5, TDH shares decreased nearly 5% to VND 4,600/share.

In mid-April, TDH shares attracted attention in the market when they increased sharply by 60% in just over 2 weeks, including many ceiling sessions, pushing the stock price from only 2,700 VND/share to 4,500 VND/share.

At the end of April, Thuduc House also had its customs procedures suspended by the customs authority due to tax debt exceeding more than VND 89 billion.

Source: https://nld.com.vn/vi-sao-co-phieu-cua-thuduc-house-bi-vao-dien-canh-bao-196250905204941504.htm