On April 19, 2018, HOSE issued an announcement regarding the change of listing of Cat Loi JSC. (CLC) as follows:
Cat Loi JSC. (CLC) said it made VND41.04 billion net profit in the third quarter of 2018, up 49.64% from VND27.43 billion net profit in the third quarter of 2017 thanks to increase in revenue and decrease in costs of goods sold per unit. The company said in its explanation dated October 15, 2018 sent to HOSE’s website.
The Ministry of Finance has proposed an additional special consumption tax of VND1,000 for each pack of cigarettes on top of the current special consumption tax rate of 70%, but experts said this extra amount is too small to discourage smoking in Vietnam.