TNH: Explanation of Profit After Tax Discrepancy in Financial Statements Before and After Audit Year 2024

The 2024 financial report of TNH has shown a significant discrepancy in profit after tax (PAT) when comparing figures before and after the audit. According to initial data, the estimated PAT was 150 billion VND; however, after the audit, this figure was reduced to only 120 billion VND. The main reasons for this adjustment were adjustments in provisioning costs, changes in accounting policies related to revenue, and some errors in asset recognition. TNH explained that auditing is necessary to ensure accuracy and transparency in financial reporting. Despite the adjustments in PAT, the company remains confident in its development prospects, expecting to enhance operational efficiency in the coming years.

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