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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
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Item
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Q2.2020
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Q2.2019
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Q2.2020 vs. Q2.2019
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The first half of 2020
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The first half of 2019
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The first half of 2020 vs.
The first half of 2019
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Parent company
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Revenue
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1,970
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9,882
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-80%
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9,194
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20,182
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-54%
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Profit before tax
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(1,122)
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511
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-320%
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(2,112)
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1,241
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-270%
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Consolidated
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Revenue
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4,970
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12,664
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-61%
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12,200
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24,556
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-50%
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Profit before tax
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1,063
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621
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+71%
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74
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1,981
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-96%
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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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