Thursday, 30/08/2012 17:14

PTL: Explanation for business result of 6 months before & after review

Petro Capital & Infrastructure Investment Joint Stock Company has explained the fluctuation in business result of 6 months before & after review of 2012:

By: dongs

No.

Item

Business result of 6 months of 2012 in financial statements in Quarter 2/2012

Business result of 6 months of 2012 after review

Comparison

 

1

Profit after tax

8,824,313,710

982,609,349

(7,841,704,361)

Reason:

-         At June 30, 2012, the auditor made a provision for devaluation of inventories of VND3,107,770,239, raising the provisioning cost in financial statements of 6 months after review of 2012.

-         Besides, the auditor estimated interest expense payable in June in 2012 of VND1,809,137,103, increasing financial expenses in financial statements of 6 months after review of 2012.

-         The auditor deducted additional depreciation expenses of VND759,316,803

-         The auditor adjusted revenue and expenses.

HOSE

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