DDM: Explanation for business results for 6 months of 2012 before & after review Dong Do Marine Joint Stock Company has explained for business results for the first six months of 2012 before & after review as follows:
Unit: VND
|
before review
|
After review
|
Different
|
Cash
and cash equivalents
|
2,375,434,971
|
2,185,249,179
|
-190,185,792
|
Sales
|
148,608,447,821
|
148,559,980,493
|
-48,467,328
|
Cost of goods sold
|
116,868,551,132
|
116,868,551,132
|
0
|
Gross profit
|
31,739,896,689
|
31,691,429,361
|
48,467,328
|
Financial income
|
109,749,835
|
109,749,835
|
0
|
Financial expenses
|
34,326,011,936
|
34,326,011,936
|
0
|
In which:
|
|
|
|
Interest expenses
|
34,326,011,936
|
34,156,331,983
|
169,679,953
|
General and administration expenses
|
9,905,357,132
|
10,019,876,587
|
114,519,455
|
Net operating profit
|
-12,381,722,544
|
-12,544,709,327
|
-162,986,783
|
Other income
|
1,514,518,287
|
1,676,303,672
|
161,785,385
|
Other expense
|
304,882,902
|
304,882,902
|
0
|
Other profit
|
1,209,635,385
|
1,371,420,770
|
161,785,385
|
Profit before tax
|
-11,172,087,159
|
-11,173,288,557
|
-1,201,398
|
Business income tax – current
|
321,200,000
|
321,200,000
|
0
|
Profit after tax
|
-11,493,287,159
|
-11,494,488,557
|
-1,201,398
|
Reason: -
Sales went down by 48,467,328 dongs because the auditor
adjusted the decrease of other revenues while adjusting the increase of other
incomes. -
General and administration expenses rose by 114,519,455
dongs because the audit adjusted to increase a number of administration
expense: + Administration expenses were increased and severance
allowances were decreased by 24,850,000 dongs. + Prepaid administration expenses in 2011 were recovered in
early 2012 because missing documents and other incomes were adjusted up 89,669,455
dongs. -
Profit before tax went down by 1,201,398 dongs because
profit from business went down 162,986,783 dongs while other profits went up
161,785,385 dongs.
HOSE
|