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VJC: Explanation for Q2.2020 financial statements
HOSE - 8/14/2020 4:03:00 PM
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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.

The first half of 2019

 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

 

 

 

 

 

 

Revenue 

 

4,970

 

12,664

 

-61%

 

12,200

 

24,556

 

-50%

Profit before tax

 

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.

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