Friday, 29/08/2014 14:28

HAS: Explanation for business results in Quarter 2/ 2014 before & after review

HACISCO Joint Stock Company has explained for business results in Quarter 2/ 2014 before & after review as follows:

 

Before review

After review

Different

Revenue from selling and service supply

20,296,726,573

20,296,726,573

0

Cost of goods sold

18,171,081,796

18,171,081,796

0

Financial income

1,228,009,119

1,226,129,687

1,879,432

General and administration expense

 

3,013,617,545

3,175,441,639

-161,824,094

Profit before tax

780,440,783

757,311,133

23,129,650

Business income tax – current

202,662,925

173,254,851

29,408,074

Profit after tax

577,777,858

584,056,282

-6,278,424

Reason:

-         Financial income increased VND1,879,432 because the firm made a provision for interest on deposits and adjusted internal interest expense to 635 by VND138,573,876.

-         General and administration expense decreased VND161,824,094 because increasing salary expense.

HOSE

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