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MBG: Explanation for differences in financial statements in financial statements of QII/ 2017 year

on year as follows:

On 10 May 2017 Vietnam Trading and Construction Development Investment Joint Stock Company
explained for differences in financial statements of QII/ 2017 year on year as follows:

- Profit after tax of QII/ 2016: 3,590,379,163 dongs

- Profit after tax of QII/ 2017: 346,740428 dongs

- Difference: 3,243,638,735 dongs, equal to 90.34% due to the following reasons:

Norm QII

This year Last year

1. Revenue 95,822,438,053 93,068,051,357

2. Revenue reduction

3. Net revenue 95,822,438,053 93,068,051,357

4. Cost of goods sold (93,985,972,814) (87,574,060,270)

5. Gross profit (1,836,465,239) 5,493,991,087

6. Financial income 1,860,622 44,424,214

7. Financial expense (36,887,388) (116,608,441)

In which: Interest (36,387,118) (116,608,441)


expense

8. Selling expense: (292,233,118) (291,518,798)

9. Administration cost (1,075,774,820) (889,323,946)

10. Operation income (433,430,535)

11. Other income

12. Other expense (5,000) 4,240,964,116


13. Other profit (5,000) 848,192,823

14. Profit before tax 433,425,535

15. Corporate tax (86,685,107)

16. Deferred tax

17. Profit after tax 346,740,428 3,392,771,293

18. Basic earnings per 16.67 424


shares

19. Diluted earnings per


share
- Revenue of QII/ 2017 increased by 2,754,386,726 dongs, equal to a decrease by 2.96% but the
expenses of QII/ 2017 increased compared to that of QII/ 2016 as follows:

o Cost of goods sold of QII/ 2017 increased by 6,411,882,544 over that of QII/ 2016, equal
to an increase by 7.95% because the factory was relocated in Hoa Binh

o Selling expenses of QII/2017 increased by 714,320 dongs; equal to an increase by


0.25%

o Administration cost of QII/ 2017 increase by 186,550,874 dongs compared to QII/2016,


equal to an increase by 20.96%

o Financial expenses decreased by 79,721,053 dongs, equal to a decrease by 68.37%,


which means the Company managed to reduce the expenses.