KDH: Explanation for the 2012 profit after auditing
Khang Dien House Trading and Investment Joint Stock Company (KHADIHOUSE JSC) explained an audited net loss of VND55.5 billion last year as follows:
- Because real estate market difficulties, The firm attributed its loss to the advance contract liquidation (resulting in a fall of VND74 billion in revenues), and high general and administration expenses (VND25.5 billion) and interest expenses (VND33.6 billion).
HOSE
