Monday, 31/03/2014 15:54

ITC: Explanation for difference before and after audit in 2013 financial statements

Investment and Trading of Real Estate Joint stock Company explained the difference before and after audit in 2013 financial statements as follows:

-  Parent company financial statements: Profit after tax after audit decreased VND4,594,863,577 compared to before audit because expenses increased VND4,571,360,674.

-  Consolidated financial statements: Profit after tax after audit decreased VND6,027,465,861 compared to before audit because expenses of parent company increased VND4,571,360,674 and provision for bad debts of subsidiaries increased VND1,619,387,398.

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