LCM: Explanation for business results in 2012 before & after review

Lao Cai Mineral Exploitation and Processing Joint Stock Company has explained for business results in 2012 before & after review as follows:

Items	Business results in 2012
	Financial statement in 2013 after auditing	Financial statement in Quarter 4/2013 before auditing	Different
Sales	95,274,986,835	95,274,986,835	-
Deductions	-	-	-
Net sales and services	95,274,986,835	95,274,986,835	-
Cost of goods sold	44,102,479,829	43,501,343,030	601,136,799
Gross profit	51,172,507,006	51,773,643,805	(601,136,799)
Financial income	3,590,805,252	3,590,805,252	-
Financial expenses	-	-	-
Selling expenses	-	-	-
General & administrative expenses	2,640,700,356	2,640,700,356	-
Net operating profit	52,122,611,902	52,723,748,701	(601,136,799)
Other income	-	-	-
Other expenses	422,526,555	-	422,526,555
Other profit	(422,526,555)	-	(422,526,555)
Profit before tax	51,700,085,347	52,723,748,701	(1,023,663,354)
Current corporate income tax expenses	9,808,056,067	9,910,422,402	(102,366,335)
Deferred corporate income tax expenses	-	-	-
Profit after tax	41,892,029,280	42,813,326,299	(921,297,019)
EPS (VND/share)	1,953	1,953	-

 

Reason:

In Financial statement in Quarter 4/2013, accounting retroactively adjusted business result in 2012 (before auditing

HOSE

>   VC5: Financial Statement FY 2013 (10/03/2014)

>   KDH: Resolution on organizing the AGM 2014 (10/03/2014)

>   MSN: Resolution on the record date for the 2014 AGM (10/03/2014)

>   PJT: PJT changes the record date for the 2014 AGM (10/03/2014)

>   PPI: Resolution on organizing the AGM 2014 (10/03/2014)

>   REE: Information on the 2014 Annual General Meeting of Shareholders (10/03/2014)

>   TCO: Resolution on organizing the AGM 2014 (10/03/2014)

>   PJC: Financial Statement FY 2013 (10/03/2014)

>   HTP: Financial Statement FY 2013 (10/03/2014)

>   SAP: Change in time for Annual General Meeting of Shareholders 2014 (10/03/2014)