HAFOREXIM company faced continuous losses and governance change
Thanh Ha Production and Import - Export Joint Stock Company faced continuous financial difficulties, reporting a loss of over VND 11.1 billion in 2024. The company recorded negative profits every year since 2012. Its short-term liabilities exceeded short-term assets by VND 243 billion, and its equity was negative VND 237 billion as of December 31, 2024. HAFOREXIM's stock was also put on warning from 2023 due to auditors' qualified opinions for three consecutive years. Additionally, the chairman of the board, Nguyen Van Hop, resigned on July 10, 2025, citing health reasons.
Thanh Ha Production and Import - Export Joint Stock Company faced continuous financial difficulties, reporting a loss of over VND 11.1 billion in 2024. The company recorded negative profits every year since 2012. Its short-term liabilities exceeded short-term assets by VND 243 billion, and its equity was negative VND 237 billion as of December 31, 2024. HAFOREXIM's stock was also put on warning from 2023 due to auditors' qualified opinions for three consecutive years. Additionally, the chairman of the board, Nguyen Van Hop, resigned on July 10, 2025, citing health reasons.
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