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THT: Explanation for change of over 10 percent in operating result Quarter I/2012 According to the Financial Statement Quarter I/2012, profit after tax decreases by more than 10% year on year. On 24/04/2012, Vinacomin Ha Tu Coal JSC explained the increase in operating result in Quarter I/2012 as follows: |
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|
QI/2011 |
QI/2012 |
|
Profit before tax |
11,444,641,484 |
11,942,455,535 |
|
Income tax payable |
2,288,928,297 |
|
|
Profit after tax |
9,155,713,187 |
10,748,209,982 |
Profit before tax in QI/2012 decreased by VND497,814,051 equivalent by 5% compared to 2011. In 2012, the company has no longer enjoyed the decrease of 50% of income tax payable. Thus, the income tax payable of 2012 increased. | HNX
