Vung Tau Real Estate and Construction Joint Stock Company has explained for the loss in business result of reviewed Financial Statements 2014 as follows:
1)
Parent
company: According to Financial Statements for the first 06 months of 2014
after the audit. After-tax profit was loss by VND235,540,165 because :
-
Profit
from business operation for the first 06 months of 2014 before the audit, the
company did not establish provision for Con Dao customs caution. As requirement
of the auditing company, the company added for this provision. Thus, this item
made to decrease profit from business operation by VND436,020,695.
-
Other
profit decreased by VND11,826,493
-
Generation
profit decreased. Current corporate income tax expenses decreased by
VND56,545,790.
2)
Consolidated
Financial Statements: After-tax profit after the audit was loss by
VND962,426,463 because the low profit of parent company, the tax arrears and
penalty after the audit.
