CII: Explanation for the audited profit in 2011

Ho Chi Minh City Infrastructure Investment Joint Stock Company explained the difference in business results between the consolidated profit (audited) and the consolidated profit (unaudited) as follows:

According to the consolidated financial statements in Quarter 4/2011, Profit after tax of the parent company’s shareholders was VND163.6 billion. However, the consolidated audited financial statement in 2011, Profit after tax of the parent company’s shareholders decreased 5.17%, equivalent to VND155.1 billion compared to financial statement in Quarter 4/2011.

Profit after tax of the parent company’s shareholders decreased 5.17% because the figure of financial statement in 2011 of subsidiaries and associated companies adjusted lower than the audited financial statement.

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