Friday, 13/02/2009 18:36

BVS: Explanation for Financial Statement in brief Q4-2008

Bao Viet Securities Company explained the Financial Statement in brief Q4-2008 as follows:

Operating income of the company in brief Q4-2008 has lost VND 155.3 billion, profit after tax decreased by VND 179.2 billion (750.4%) in comparison with Q3-2008. The main reasons are:

-          The stock market in Q4-2008 was effected by the recession of the world economy.

-          The business expenses in stock increased by VND 160.3 billion.

-          The administration expenses increased for salary payment and depreciation expenses increased by VND 9.2 billion.

HaSTC

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