Thursday, 04/11/2010 09:19

TIE: Explanation for business result in Q3/2010

Telecommunications – Industry – Electronics Joint Stock Company (HoSE: TIE)explained the fluctuation in the profit after tax between Quarter 3/2010 and Quarter 3/2009:

                                                                                                                    Unit: VND

 

Quarter 3/2010

Quarter 3/2009

Difference

Amount

Ratio

Total revenue

82,473,861,822

 86,131,316,173

  (3,657,454,351)

95.75%

Total expense

73,788,050,147

  77,870,971,402

  (4,082,921,255)

94.76%

Profit before tax

  8,685,811,675

    8,260,344,771

       425,466,904

105.15%

Profit after tax

  8,685,811,675

   7,779,909,436

        905,902,239

111.64%

 

Profit after tax in Quarter 3/2010 was VND8,685,811,675, increased by VND905,902,239 (Or 111.64%) from Quarter 3/2009 because in Quarter 3/2010 the Company had not to pay the corporate income tax.

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