Vinhomes Joint Stock Company explained has the movements of the Explanation for the financial statements in Q2.2021 compared to the same period of last year as follows:
Unit: million dongs
Q2.2021
Q2.2020
Increase/ decrease
%
Profit after tax in the separate financial statements
7,854,510
298,711
7,555,799
2.529%
Profit after tax in the consolidated financial statements
10,302,846
3,416,256
6,886,590
202%
The Company’s profit after tax according to the separate financial statements in Quarter 2/2021 increased by 7,556 billion dongs, equivalent to the increase of 2.529% compared to Quarter 2/2020 due to the financial income increased by 7,070 billion dongs thanks to dividend income and income from investment & business cooperation contracts.
The Company’s profit after tax according to the consolidated financial statements in Quarter 2/2021 increased by 6,887 billion dongs, equivalent to the increase of 202% compared to Quarter 2/2020 mainly thanks to the following causes:
- Gross profit from sales and services increased by 7,932 billion dongs mainly thanks to profit from property transfer;
- Corporate income tax expenses increased by 1,822 billion dongs compared to the same period of last year mainly due to the increase in profi.