Vinhomes Joint Stock Company explained has the movements of the audited consolidated financial statements in 2020 compared to the same period of last year as follows:
Unit: million dongs
2020
2019
Increase/ decrease
%
Profit after tax in the consolidated financial statements
28,206,540
24,319,100
3,887,440
16%
The Company’s profit after tax in 2020 increased by 3,887 billion dongs, equivalent to 16% compared to the same period of 2019 because of the following causes:
- The financial income increased by 9,729 billion dongs compared to the same period of last year mainly due to the increase in profit from the investments transfer operation;
- Current corporate income tax expenses increased by 3,012 billion dongs compared to the same last year mainly due to the increase in profit.