Vietnam Electricity Construction Joint Stock Corporation has explained for business results for the first six months of 2012 before & after review as follows:
-
Net
revenue from selling and service supply fell:
+ First six months of 2012 before
review: VND364,438,493,227
+ First six months of 2012 after
review: VND344,197,249,897
+ Fell: VND20,241,243,330
-
Reason:
+
The value of materials (iron and steel) of subsidiaries was adjusted lowly.
+
Revenue of
subsidiaries from construction of My Thuong new
urban
+
The value of electrical construction of VNECO 8 was decreased VND183,621,916.
+
Gross profit
from selling and
service supply fell:
+ First six months of 2012 before
review: VND123,949,577,286
+ First six months of 2012 after
review: VND123,225,668,796
+ Fell: VND723,908,490
-
Reason:
+
Internal revenue was decreased VND20,241,243,330 and cost of goods sold went down
VND19,517,334,840, leading to profit in the first six months of 2012 after review
decreased VND723,908,490.
+
Financial
expenses went up:
+
First
six months of 2012 before review: VND34,921,607,473
+
First
six months of 2012 after review: VND35,432,346,527
+
Went
up: VND510,739,054
-
Reason:
+
The audit firm
increased to delay the financial provision VND510,739,054
+
Loss or profit
in associated company fell:
+
First six
months of 2012 before review: -VND4,461,987,933
+
First six
months of 2012 after review: -VND5,234,519,188
+
Fell:
VND772,531,255
-
Reason:
+
Profit after
tax of VNECO11 went down VND252,461,861, leading to profit of parent company
decreased VND120,330,897.
+
Profit after
tax of VNECO2 went down VND2,154,112,257, leading to profit of parent company
decreased VND652,200,358.
-
Business
income tax – deferred fell:
+
First six
months of 2012 before review: VND288,771,101
+
First six
months of 2012 after review: -VND117,886,473
+
Fell:
VND406,657,574
-
Profit
after tax of minorities fell:
+
First six
months of 2012 before review: -VND2,875,438,159
+
First six
months of 2012 after review: -VND2,907,235,867
+
Fell:
VND31,797,708
-
Reason:
the audited firm adjusted profit of minorities of subsidiaries.
-
The
fluctuation in profit after tax between Quarter 1, Quarter 2 and the first 6
months of 2012 before & after review:
Quarter
1/2012:
+
Profit after
tax of parent company before review: VND5,295,356,674
+
Profit after
tax of parent company before review: VND7,900,902,528
+
Increased:
VND2,605,545,854
Quarter
2/2012:
+
Profit after
tax of parent company before review: VND45,932,996,178
+
Profit after
tax of parent company before review: VND41,758,726,806
+
Decreased:
VND4,174,269,372
-
Therefore,
profit after tax of parent company in Consolidated Financial Statement in the
first 6 months of 2012 after review went down VND1,568,723,518 compare to
before review.
