PTI: Explanation for difference in profit after tax in financial statement 2013 before auditing and after auditing

Post & Telecommunication Joint Stock Insurance Corporation explained for difference in the profit after tax in financial statement 2013 before auditing and after auditing approved on 01 April 2014 as follows:

Profit after tax 2013 after auditing was VND 54,818,567,058, an increase of VND 124,439,358 (0.2%) compared to profit after tax before auditing.

Reasons:

The data of subsidiaries, associated companies used to consolidate before auditing had not been audited. After auditing, profit of associated company – Lanexang Insurance JSC rose, which caused the profit after tax after auditing to increase slightly.

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