UDC: Explanation for business result for first six months before and after audit
Urban Development and Construction Corporation explained the difference in profit after tax for the first six months of 2013 before and after audit as follows:
1. Separate financial statements: By: million dongs
1. Separate financial statements:
By: million dongs
Item The first 06 months of 2012 The first 06 months of 2013 Difference Rate Total revenue & others income 127,279 109,980 -17,299 -13.59% Total expenses 125,975 109,554 -16,421 -13.03% Profit before tax 1,304 426 -878 -67.33% - Total profit after tax in the first 06 months of 2013 is 426 million dongs, decreasing 878 million dongs versus the first 06 months of 2012 (or 67.33%) because of the following reasons: + Net revenue and others revenue decrease by 17.29 billion dongs (or 13.59%) versus the first 06 months of 2012 because economic of crisis, the property market continued quiet. Financial income decrease 0.6 billion dongs. Interest expenses increase 5.6 billion dongs and general & administration expense increase 1.3 billion dongs. 2. Consolidated financial statements: By: million dongs
Item
The first 06 months of 2012
The first 06 months of 2013
Difference
Rate
Total revenue & others income
127,279
109,980
-17,299
-13.59%
Total expenses
125,975
109,554
-16,421
-13.03%
Profit before tax
1,304
426
-878
-67.33%
- Total profit after tax in the first 06 months of 2013 is 426 million dongs, decreasing 878 million dongs versus the first 06 months of 2012 (or 67.33%) because of the following reasons:
+ Net revenue and others revenue decrease by 17.29 billion dongs (or 13.59%) versus the first 06 months of 2012 because economic of crisis, the property market continued quiet. Financial income decrease 0.6 billion dongs. Interest expenses increase 5.6 billion dongs and general & administration expense increase 1.3 billion dongs.
2. Consolidated financial statements:
Item The first 06 months of 2012 The first 06 months of 2013 Difference Rate Total revenue & others income 163,726 158,480 -5,246 -3.2% Profit before tax 1,361 376 -985 -72.37% Total profit before tax in the first 06 months of 2013 after being audited is 376 million dongs, decreasing 985 million dongs versus before being audited because of the following reasons: - Profit before tax decrease 985 million dongs in Viet Nam Golf Tourism Joint Stock Company – subsidiary: + Increase the provision for shares of Ba Ria Thermal Power 74 million dongs + Decrease the loss from Vinagolf Angkor Tourism JSC Ltd – associated company 1,059 million dongs.
163,726
158,480
-5,246
-3.2%
1,361
376
-985
-72.37%
Total profit before tax in the first 06 months of 2013 after being audited is 376 million dongs, decreasing 985 million dongs versus before being audited because of the following reasons:
- Profit before tax decrease 985 million dongs in Viet Nam Golf Tourism Joint Stock Company – subsidiary:
+ Increase the provision for shares of Ba Ria Thermal Power 74 million dongs
+ Decrease the loss from Vinagolf Angkor Tourism JSC Ltd – associated company 1,059 million dongs.
HOSE
> UDC: Explanation for business result for first six months before and after audit (09/09/2013)
> SDT: Financial Statement Quarter 1/2013 (09/09/2013)
> SDB: Financial Statement Quarter 1/2013 (holding company) (09/09/2013)
> SDB: Financial Statement Quarter 1/2013 (09/09/2013)
> SDE: Financial Statement Quarter 1/2013 (09/09/2013)
> VNF: Reviewed financial statement 2013 (consolidated) (09/09/2013)
> VHL: Financial Statement Quarter 2/2013 (consolidated) (09/09/2013)
> SD4: Financial Statement Quarter 1/2013 (09/09/2013)
> SDA: Financial Statement Quarter 1/2013 (holding company) (09/09/2013)
> SCR: Financial Statement Quarter 1/2013 (holding company) (09/09/2013)
