Thursday, 25/04/2013 17:02

SGH: Explanation for difference in financial statement Year 2011 before and after auditing


On 02/05/2012, SAIGON HOTEL CORPORATION explained difference in financial statement 2012 before and after auditing as follows:

Profit after tax after auditing decreased by VND 339,104,711 compared to that before auditing.

Reasons:

-       Cost of goods sold decreased by VND 25,388,889 because of decrease of depreciation of fixed assets.

-       Management expenses increased by VND 319,073,600 because the Company accounted tool expenses.

-       Other expenses increased by VND 45,420,000 because the Company transferred VND 45,420,000 from management expenses to other expenses.

HNX

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