HO CHI MINH CITY (Vietnam News/ANN): Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its audited annual financial statements for 2020.
The audited revenue of Vietjet’s parent company in 2020 was reported at more than VNĐ15.2 trillion (US$657.9 million). Its consolidated revenue and post-tax profit after audit were VNĐ18.22 trillion ($788.4 million) and VNĐ69 billion ($2.99 million), respectively.
Regarding earnings by sector, Vietjet recorded a loss of more than VNĐ1.45 trillion ($62.9 million) in air transport, lower by 31 per cent than the figure previously reported in its own financial statements.
This ensured Vietjet was among few airlines in the world able to keep their core business afloat and turn a profit in 2020.
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Audit reveals LWC doled out over $6M in unemployment benefits to numerous incarcerated, possibly ineligible individuals
2 hours 14 minutes 54 seconds ago
Monday, May 03 2021
May 3, 2021
May 03, 2021 6:59 AM
May 03, 2021
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BATON ROUGE - According to the office of the Louisiana Legislative Auditor, a recent analysis of financial records belonging to the Louisiana Workforce Commission (LWC) exposed serious discrepancies.
Auditors say LWC made approximately $6.2 million in state and federal Unemployment Insurance payments to 1,195 incarcerated individuals who do not appear to have been eligible for the benefits.
Under LWC’s policy, incarcerated individuals are not eligible to receive unemployment benefits because they are unable to obtain employment, which is required by state law.
Official report reveals extent of COVID-19 health crisis on nursing facilities in Louisiana
3 hours 10 minutes 59 seconds ago
Monday, May 03 2021
May 3, 2021
May 03, 2021 7:32 AM
May 03, 2021
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BATON ROUGE - A recent report from the office of the Louisiana Legislative Auditor revealed just how much of an impact the COVID-19 health crisis had on the state s nursing facilities.
According to an analysis from auditors, Louisiana’s nursing facilities faced staffing challenges throughout the pandemic due to staff exposure to COVID-19, illness, or the need to care for family members.
Auditors say that in addition to this, nursing facilities did not have adequate access to certain types of personal protective equipment at the beginning of the COVID-19 pandemic.