AVS: Explanation for the change of over 10% in operating result in QII/2010
According to the Financial Statement Quarter II/2010, net income is decreased 41.87% compared to Quarter II/2009. Au Viet Securities Corporation explained the decrease in operating result in QII/ 2010 as follows:
No. |
Items |
QII-2009 (VND) |
QII-2010 (VND) |
Increase/Decrease QII-2010 compare to QII-2009 |
VND |
% |
1 |
Income of securities brokerage services |
3,617,547,109 |
7,234,630,841 |
3,617,083,732 |
99.99 |
2 |
Income of securities investment |
13,764,925,890 |
25,022,388,700 |
11,257,462,810 |
81.78 |
3 |
Other operating |
16,438,056,185 |
5,825,948,944 |
-10,612,107,241 |
-64.56 |
4 |
Trading expense |
9,737,586,305 |
20,974,617,449 |
11,237,031,144 |
115.40 |
5 |
Administration expense |
2,832,993,101 |
4,985,340,041 |
2,152,346,940 |
75.97 |
Other incomes decreased because of the reserve fund of QII/2010 less than of QII/2009.
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