Vincom Retail Joint Stock Company has explained the reviewed consolidated financial statement in first six months of 2021 compared to the same period of last year as follows:
Unit: VND million
Code
Item
From 01/01/2021 to 06/30/2021
From 01/01/2021 to 06/30/2020
Difference
%
10
Net revenue
3,736,776
3,315,842
420,934
13%
11
Cost of goods sold
1,938,979
1,911,139
27,840
1%
21
Financial income
221,269
104,567
116,702
112%
22
Financial expense
306,076
179,134
126,942
71%
60
Profit after tax
1,168,765
835,367
333,398
40%
The explanation for the movements of 10% or more:
Net revenue increased by VND421 billion compared to the same period of last year because: (i) the revenue from real estate for rent and related services increased by VND326 billion; (ii) the revenue from real estate transfer increased by VND53 billion due to a higher number of commercial townhouses being handed over compared to the same period of last year.
− Financial income increased by VND117 billion because of the increase in the gain from lending and investment.
− Financial expense increased by VND127 billion mainly thanks to the disbursement of VND3,050 billion bonds.
− Profit after tax increased by VND333 billion compared to the same period of last year due to the reasons above.