Thanh Thanh Cong - Bien Hoa Joint Stock Company explains the fluctuation in the semi-annual consolidated financial statements in the fiscal year 2019 – 2020 (from 07/01/2019 to 06/30/2019) before and after review as follows:
Item
Data after audit
Data before audit
Increase/(decrease)
(1)
(2)
(3)
(4) = (2) – (3)
Profit before tax
117,642,301,972
96,158,709,971
21,483,592,002
Current corporate income tax
64,341,877,711
57,447,496,752
6,894,380,959
Deferred corporate income tax
1,786,554,550
(6,092,499,797)
7,879,054,347
Profit after tax
51,513,869,711
44,803,713,016
6,710,156,695
After review, the Company’s profit before tax increased by 22% and profit after tax rose 15% compared to the announced information because the fair value (cost) regarding the stake transfer at an associated company after revaluation was higher than the figures that the Company recorded.