Wednesday, 18/09/2013 17:17

LGL: Explanation for the 6 months of 2013 profit before & after auditing

Long Giang Investment and Urban Development Joint Stock Company explained the difference in the first 06 months of 2013 profit after tax before and after auditing:

-         Profit after tax in the first 6 months of 2013 decreased VND34.7 billion mainly because:

+         Additional interest expense in vietinbank: VND1.3 billion.

+         The firm made a provision for long term investment: VND31.9 billion.

+         Reversal of unrealized profits in previous years: VND1.3 billion

HOSE

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