Thursday, 21/05/2015 00:00

GTN: Explanation for Q1, 2015 business results

Thong Nhat Production And Investment Joint Stock Company explained the fluctuation in business results between Quarter 1, 2015 and Quarter 1, 2014 as follows:

                                                                                                                        Unit: VND

 

Quarter 1, 2015

Quarter 1, 2014

%

Separate profit after tax

4,066,234,435

10,354,105,315

-60.73%

Consolidated profit after tax

10,132,184,016

8,128,401,926

24.65%

Reason:

-          Financial statement of parent company:

  • Gross profit from selling and service supply decreased because the firm opens markets.
  • Financial income decreased because revenue from loans, deposits, financial investment decreased.

-          Consolidated Financial statement:

  • Other income increased strongly.

HOSE

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