VCG: Explanation for change in profit after tax in Quarter 3/2012

According to the consolidated financial statement Quarter 3/2012, the profit after tax of Quarter 3/2012 changes more than 10% year on year. Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex., JSC) explained the change in profit after tax as follows:

-       The profit after tax of Quarter 3/2012 from the operation of Holding company decreased VND 182.12 billion year on year. The reason for the difference was explained in the correspondence no. 3291/2012/CV-TCKH on 09/11/2012.

-       The profit after tax of Quarter 3/2012 of subsidiaries decreased compared with Quarter 3/2011 by VND 69.85 billion.

-       Besides that, the consolidated financial statement decreased because the holding company did not consolidate or only consolidated one part after withdrew the capital in the VCN JSC, Vinaconex No. 06 JSC.

HNX

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