Sunday, 29/04/2012 18:12

XMC: Explanation for difference in financial statement Year 2011 before and after auditing (consolidated)

On 16/03/2012, Vinaconex Xuan Mai Concrete & Construction JSC explained difference in financial statement 2011 (consolidated) before and after auditing as follows:

After auditing, the profit before tax is VND13.89 billion with a decrease of VND8.38 billion compared to before auditing. Reason is that financial and administration expenses of the subsidiary Phan Vu Vinaconex Concrete JSC were increased in the audited financial statement of the company, which affected the profit after tax of the consodidated financial statement 2011 after auditing.

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