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TDH: Explanation for the consolidated business result in Q2.2011
Thu Duc Housing Development Corporation (HOSE: TDH) (Thuduc House) explained the consolidated business result in Quarter 2/2011 as follows:
Unit: Million dongs
|
Item |
Quarter 2 |
Accumulation form the beginning of year
to the end of quarter |
|
Last year |
This year |
Last year |
This year |
|
Net revenue |
174,720 |
95,887 |
295,482 |
189,885 |
|
Financial income |
11,155 |
62,526 |
26,816 |
79,467 |
|
Financial expenses |
25,121 |
2,0663 |
36,979 |
2,454 |
|
Other incomes |
2,423 |
2,042 |
3,326 |
35,973 |
|
Profit after tax |
13,225 |
47,223 |
34,109 |
93,808 |
Net revenue from sales and services in quarter 2.2011 was VND174,720 million, increased VND78,833 million (82.2%) compared with the same period last year, profit after tax was VND13,225 million, decreased VND33,998 million (72%) compared with the same period last year, because of the following reasons:
- Financial income: In quarter 2.2010, financial income was high (VND62,526 million), mainly from the performance of financial investments (VND52,424 million)
- Financial expenses, market interest rates increased effecting to financial expenses of the company, financial expenses increased from VND2,663 million (in quarter 2.2010) to VND25,121 million(In quarter 2.2011) included interest expenses by VND10,712 million and provision for long term investment stocks by VND13,198 million
- Price of input in the last time effecting to business result.
HOSE
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