March 29 Textile - Garment Joint Stock Company had its public company status revoked
March 29 Textile - Garment Joint Stock Company (UPCoM: HCB) officially had its public company status revoked by the State Securities Commission (SSC). The SSC's announcement did not specify the exact reason for the revocation. While HCB shares often experience "no liquidity" as shareholders prioritize holding them for consistent dividends, the company's shareholder structure primarily consists of individuals and company executives. In recent years, the company's revenue has shown a downward trend, despite maintaining modest after-tax profits.
March 29 Textile - Garment Joint Stock Company (UPCoM: HCB) officially had its public company status revoked by the State Securities Commission (SSC). The SSC's announcement did not specify the exact reason for the revocation. While HCB shares often experience "no liquidity" as shareholders prioritize holding them for consistent dividends, the company's shareholder structure primarily consists of individuals and company executives. In recent years, the company's revenue has shown a downward trend, despite maintaining modest after-tax profits.
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