Thursday, 12/02/2009 20:15

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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