VC3: Explanation for fluctuation of operating result in Quarter IV2008
Construction JSC No.3 explains for fluctuation of operating result in Quarter IV2008 over that of QIII,2008 as follows:
In Quarter IV2008, the company’s profit increased 320% over that of QIII2008
Items |
QIV/2008 |
QIII/2008 |
Difference |
Changes (%) |
Revenue |
190,031,816,665 |
37,950,240,030 |
500 |
|
Profit before tax |
20,354,003,930 |
6,262,277,667 |
14,091,726,263 |
320 |
Profit after tax |
14,654,882,830 |
4,508,839,920 |
10,146,042,910 |
325 |
Profit before tax QIV2008 increased by VND 14,091,726,263 over that of QIII/2008 due to income from financial investment. As specific characteristics of construction industry, works, projects were approved on completed work and balanced at the end of the year which made revenue increase and so did the profit.
HasTC
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