Friday, 08/05/2020 16:37

MWG: Explanation for Q1.2020 separate financial statements

Mobile World Investment Corporation explained the fluctuation in business performance in the separate financial statements in Quarter 1 of 2020 as follows:

            The revenue in Quarter 1 of 2020 was 832 billion dongs, decreasing by 29% compared to Quarter 1 of 2019 (1,175 billion dongs). The profit after tax in Quarter 1 of 2020 was 799 billion dongs, down 31% compared to Quarter 1 of 2019 (1,150 billion dongs).

Reason: The parent company received 800 billion dongs for the dividends of Quarter 1 of 2020 (Quarter 1 of 2019: 1,149 billion dongs).

HOSE

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