VID: Explanation for business result in QII/2011
According to the financial statements in QII/2011, the cumulative profit after tax of Vien Dong Investment Development Trading Corporation (HOSE: VID) until QII/2011 was VND932,331,020, and VND50,490,927 lower than the profit in the notes to its financial statements. The Corporation explained as follows:
Beside the profit of VND932,331,020 reported on the financial statements, the Corporation had another profit of VND50,490,927 from the co-operation with Tinh Thong Transport and Logistic System Co., Ltd (*), so total profit in the period increased to VND982,821,947.
(*) temporary translation
HOSE
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