XMC: Explanation for difference in financial statement Year 2011 before and after auditing (holding)
On 16/03/2012, Vinaconex Xuan Mai Concrete & Construction JSC explained difference in financial statement 2011 (holding) before and after auditing as follows:
After auditing, the profit after tax is VND4.36 billion with a decrease of VND8.58 billion compared to before auditing. Reason is that the company had to set up Provision for long-term investments into two subsidiaries, namely Investment and Construction JSC No.45 and Phan Vu Vinaconex Concrete JSC.
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