Thursday, 01/04/2021 14:51

VHM: Explanation for the audited consolidated FS in 6 2020

Vinhomes Joint Stock Company explained has the movements of the audited consolidated financial statements in 2020 compared to the same period of last year as follows:

                                                                        Unit: million dongs

 

2020

2019

Increase/ decrease

%

Profit after tax in the consolidated financial statements

28,206,540

24,319,100

3,887,440

16%

           

The Company’s profit after tax in 2020 increased by 3,887 billion dongs, equivalent to 16% compared to the same period of 2019 because of the following causes:

-          The financial income increased by 9,729 billion dongs compared to the same period of last year mainly due to the increase in profit from the investments transfer operation;

-          Current corporate income tax expenses increased by 3,012 billion dongs compared to the same last year mainly due to the increase in profit.

HOSE

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