ADC: Explanation for audit exception in Reviewed financial statement 2013

On 29/08/2013, Art Design and Communication Joint Stock Company announced the explanation for audit exception in semi-annual financial statement 2013 as follows:

In the report, the auditor gave opinion on the salary paid for the employee exceeds the salary fund in amount of VND 1,195,043,170. The Company explains the mentioned content as follows:
The revenue and profit of the Company concentrate on Quarter III, IV in year
    The profit of the first six months/2011 was: 1,258,186,278 (Equivalent to 34.51% of year 2011)
    The profit of the first six months/2012 was: 1,507,980,931 (Equivalent to 30.05% of year 2012)
The salary fund of the Company is built basing on the profit (in 2013, General Mandate has approved the level of VND 300/VND 100 of the profit). The profit of the first six months/2013 was only 11.66% compared to the plan.

                               

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