KST: QII.2011 Business Explanation
KST: QII.2011 Business Explanation
Telecommunications Informatics Electronics JSC (HNX: KST) (KASATI) explained difference in profit after tax in the Reviewed financial statement 2011 and Quarter II.2011 as follows:
- Profit after income tax in the first 6 months of 2011: VND 750,786,893
- Profit after income tax in Reviewed Financial Statement 2011: VND -1,240,735,718
- Difference: VND 1,991,522,611
Reason for the difference: The Company added cost of goods sold, general and administration expenses valuing VND 1.96 billion as of 30/06/2011 to ensure the accuracy of operating result.
HNX