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Tuesday, 10/07/2012 19:07

HPS: Explanation for difference in financial statement Year 2011 before and after auditing

On 02/05/2012, VICEM Hoa Phat Construction Stone JSC explained difference in financial statement 2011 before and after auditing as follows:

-       Profit after tax before auditing: VND 2,355,579,061

-       Profit after tax after auditing: VND 2,355,641,218

-       Difference: VND 62,157

Reason for the difference is that the Company didn’t calculate expenses for environment preservation and remuneration for the BOD (part-time).

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