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VHM: Explanation for the Q3.2020 separate financial statements
HOSE - 11/5/2020 2:35:00 PM
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Vinhomes Joint Stock Company explained the fluctuation in business performance in the separate financial statements in Quarter 3 of 2020 as follows:

Unit: million dongs

 

Quarter 3 of 2020

Quarter 3 of 2019

Increase/ decrease

%

Note

Profit after tax in the separate financial statements

1,067,862

862,773

205,089

24%

 

           

According to the separate financial statements, the profit after tax in Quarter 3 of 2020 increased by 205 billion dongs (+24%) compared to Quarter 3 of 2019 mainly thanks to the following reasons:

−        Gross profit went up 3,012 billion dongs mainly because of the increase in profit from general construction contractor services;

−        Financial income decreased 2,571 billion dongs against the same period of last year because of the decrease in profit from investment cooperation.

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