PVS: QII/2011 business explanation
PetroVietnam Technical Services Corporation (HNX: PVS) explained difference in profit after tax in the Reviewed financial statement 2011 and QII/2011 as follows:
- Profit after tax in Financial statement QII/2011: VND 210 billion
- Profit after tax in Reviewed financial statement 2011: VND246.6 billion
- Difference: VND36.5 billion
Reasons for the difference:
Financial Statement of QII/2011 was made on 25/07/2011. Reviewed financial statement 2011 was made on 15/08/2011. When the Reviewed financial statement 2011 was made, some revenue, expenses in QIII/2011 were accounted into Reviewed financial statement 2011. Besides, interest expenses were re-accounted according to the Accounting Standard No.23. Accordingly, operating profit before tax increases by VND21.9 billion, other income increases by VND12.3 billion, financial income increases by VND14 billion.
HNX
> MPC: Export turnover in the first 08 months of 2011 (14/09/2011)
> KST: QII.2011 Business Explanation (13/09/2011)
> MAFPF1: NAV from 01 Sep 2011 to 08 Sep 2011 (13/09/2011)
> VFMVF1: NAV from 01 Sep 2011 to 08 Sep 2011 (13/09/2011)
> VFMVF4: NAV from 01 Sep 2011 to 08 Sep 2011 (13/09/2011)
> VFMVFA: NAV from 01 Sep 2011 to 08 Sep 2011 (13/09/2011)
> TAS: Board Resolution (13/09/2011)
> TLC: Annual General Meeting of Shareholders 2011 notice (13/09/2011)
> VDSC closes down Sai Gon Branch (14/09/2011)
> APC: QII/2011 Business Explanation (13/09/2011)