HNX

Tuesday, 03/07/2012 16:47

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

Petro Viet Nam Gas City Investment and Development JSC explained difference in financial statement 2011 before and after auditing as follows:

Profit after tax after auditing decreased by VND372,094,449 compared to that before auditing.

Reasons:

In the FS year 2011 made by the company, we recorded the revenue that were recorded before according to the accounting standard No. 14. After that the auditing company detected errors and adjusted in the FS year 2011, that caused the decrease of corporate tax and profit after tax.

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