CSC: Explanation for loss in profit after tax of holding company
Thanh Nam Construction and Investment JSC explains the loss in audited Consolidated FS 2012 as follows:
1. According to the audited Consolidated Financial Statement 2012, the profit after income tax of holding company was loss : - VND 746,895,323 because:
- Due to the general situation of the economy, the revenue decreased year on year.
- Some constructions handed over to investor were being in balancing process led to high financial expenses.
2. Solution: The Board of Director and Management Board supervised the payback from above constructions to reduce the interest expenses from credit organizations.
HNX
> VHH: Results of Annual General Meeting of Shareholders 2013 (25/10/2013)
> TBX: Financial Statement Quarter 3/2013 (28/10/2013)
> THT: Financial Statement Quarter 3/2013 (28/10/2013)
> PLC: Financial Statement Quarter 3/2013 (holding company) (28/10/2013)
> TC6: Financial Statement Quarter 3/2013 (28/10/2013)
> TH1: Financial Statement Quarter 3/2013 (28/10/2013)
> MHL: Financial Statement Quarter 3/2013 and the explanantion (28/10/2013)
> KHL: Financial Statement Quarter 3/2013 (28/10/2013)
> S96: Financial Statement Quarter 3/2013 (28/10/2013)
> SDT: Financial Statement Quarter 3/2013 (holding company) (28/10/2013)