Tuesday, 05/04/2016 15:22

SCR: Explanation for the difference in audited and unaudited financial statement 2015 - consolidated

On 30 Mar 2016, Sai Gon Thuong Tin Real Estate Joint Stock Company explained the difference in audited and unaudited financial statement 2015 as follows:

- Profit after tax of Q.IV/ 2015 was VND 175,636,544,481

- Profit after tax of 2015 in the audited financial statement 2015 was VND 198,149,079,761

Difference: an increase of VND 22,512,535,280

Reason:

- The corporate income tax expense was revised downward by decreasing provision for subsidiaries in 2015

- Profit before tax, revenue, cost and related expenses in the consolidated financial statement of Q.IV/ 2015 was the same to the audited consolidated financial statement 2015

HNX

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