The reason why the net profit attributable to the parent company is greater than that of the listed company.

According to the relevant provisions of Accounting Standards for Business Enterprises (2006), "net profit attributable to owners of parent companies" is reflected in the consolidated net profit of enterprises and belongs to shareholders (owners) of parent companies.

The reason why the net profit attributable to the parent company is greater than the net profit of the listed company may be that the subsidiaries have poor performance and poor management, resulting in operating profit loss or high debt ratio. As a result, the net profit of listed companies has been lowered.

Tips: The above contents are for reference only.

Reply time: 202 1-04-26. Please refer to the latest business changes announced by Ping An Bank in official website.

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