Friday, 10/04/2015 08:26

HOM: Explanation for difference of profit after tax in 2014 before and after audit

On 01/04/2015, Vicem Hoang Mai Cement Joint Stock Company announced explanation for difference of profit after tax in 2014 before and after audit as follows:

Difference of profit after tax in 2014 before and after audit was VND 979,123,160 because:

- Cost of goods sold decreased due to decrease of fee for granting mineral exploitation right according to Decision no. 92/QD-BTNMT dated 16/01/2015 and Decision no. 3022/QD-BTNMT dated 25/12/2014 of Ministry of Resources and Environment.

- Payable income tax decreased because the Company carried forward loss in 2013 to 2014.

HNX

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