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Friday, 31/08/2012 16:23

SDH: Explanation for difference in Review financial statement Year 2012 before and after auditing

On 15/08/2012, Song Da Infrastructure Construction JSC explained difference in Review financial statement 2012 before and after auditing as follows:

Profit after tax

Before auditing (VND)

Profit after tax

After auditing (VND)

Difference (VND)

%

612,840,401

-16,374,620,492

Reasons:

-       Allowance for bad debt reclaim: VND 12,430,548,681

-       Allowance for Construction in progress: VND 4,502,114,922

-       Payment for interests of bank and insurance: VND 259,077,424.

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