VJC: Explanation for Q2.2020 financial statements
VietJet Aviation Joint Stock Company explains the fluctuation in business performance in Quarter 2 of 2020 as follows:
Unit: billion dongs
Item
Q2.2020
Q2.2019
Q2.2020 vs. Q2.2019
The first half of 2020
The first half of 2019
The first half of 2020 vs.
Parent company
Revenue
1,970
9,882
-80%
9,194
20,182
-54%
Profit before tax
(1,122)
511
-320%
(2,112)
1,241
-270%
Consolidated
4,970
12,664
-61%
12,200
24,556
-50%
1,063
621
+71%
74
1,981
-96%
Vietjet’s profit after tax in Quarter 2 of 220 was -1,122 billion dongs mainly due to the effect of Covid-19 pandemic. however, Vietjet actively looked for partners as well as financial solutions and gained the consolidated profit after tax of 1,063 billion dongs.
HOSE
> DCT: Signing of auditing contract for Semi-annual Financial Statement 2020 (14/08/2020)
> SDN: Reviewed financial statement 2020 (14/08/2020)
> SMN: Reviewed financial statement 2020 (14/08/2020)
> PVG: Reviewed financial statement 2020 (14/08/2020)
> SAF: Result of transaction of connected institution (Viet Nam lotus investment trading.,jsc) (14/08/2020)
> V12: Reviewed financial statement 2020 (14/08/2020)
> VBC: Reviewed financial statement 2020 (14/08/2020)
> UNI: Reviewed financial statement 2020 (14/08/2020)
> MTS: Reviewed financial statement 2020 (14/08/2020)
> KHW: Reviewed financial statement 2020 (14/08/2020)