YBM: Explanation of Profit Discrepancy for 2024 Before and After Audit

YBM has announced an explanation for the discrepancy in net profit (NP) for 2024 between self-prepared reports and those following an audit. According to YBM, the profit before the audit was 100 billion VND, but after auditing, this figure dropped to 80 billion VND. The main reasons for this discrepancy include unrecognized item errors in self-prepared financial statements, such as incurred expenses and insufficient provisions. YBM commits to address these issues and improve the auditing process in the future to ensure the accuracy and transparency of financial reports. The company also stated that this adjustment does not affect its core business operations or long-term development strategies.

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