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HLA: Explanation for business results in 2014 before & after review Huu Lien Asia Corporation has explained for business results for 2014 before & after review as follows:
Profit after tax in 2014 before review: -VND436,680,031,022
Profit after tax in 2014 after review: -VND475,631,610,523
Different: -VND38,951,579,501
Reason:
- Making a provision for bad debts: -VND9,102,959,909
- Making a provision for devaluation of inventories: -VND5,282,784,608
- Making a provision for financial investment: - VND4,880,000,000
- Interest expense: -VND12,605,697,147
- Late payment penalties: -VND6,924,081,011
- Other expenses: -VND156,056,826
Total: -VND38,951,579,501 HOSE
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