VHC: QII/2011 Operating results explanation (Parent company)

VinhHoan Corp (HOSE: VHC) explained the difference between profits before tax before and after auditing in the first six months of 2011:

By: VND

Reason:

- The decrease in the provision for returns made profit increase: +3,711,240,000 VND

- The decrease in the provision for inventory made profit increase: +7,907,007,674 VND

- The decrease in import tax of commercial consignments not had to be temporarily imported to re-export made the cost of goods sold go up and made profit go down: -4,353,307,580 VND.

HOSE

>   VHC: Explanation for business result in QII/2011 (29/08/2011)

>   LGL: Explanation for business result in QII/2011 (29/08/2011)

>   PDR: Setting up Branch (29/08/2011)

>   PNC: Setting up a subsidiary (29/08/2011)

>   HTI: 2011’s first half Audited FS explanation (29/08/2011)

>   HAI: Explanation for business result in QII/2011 (29/08/2011)

>   FBT: 2011’s First Half Audited FS Submission extension (29/08/2011)

>   VHC: Explanation for business result in QII/2011 (26/08/2011)

>   VIP: Explanation for business result in 6 months of 2011 (26/08/2011)

>   POT: Notice of Extraordinary General Meeting of Shareholders 2011 (26/08/2011)