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TIE: Business operational explanation
Telecommunications Industry Electronics JSC (HOSE: TIE) has explained the difference in profit after tax between QIII/2011 and QIII/2010:
By: VND
|
Item |
QIII/2011 |
QIII/2010 |
Difference |
|
Value |
Ratio |
|
Total revenue |
124,033,980,449 |
82,473,861,822 |
41,560,118,627 |
50.39% |
|
Total expense |
113,862,270,393 |
73,788,050,147 |
40,074,220,246 |
54.31% |
|
Profit before tax |
10,171,710,056 |
8,685,811,675 |
1,485,898,381 |
17.11% |
|
Profit after tax |
10,171,710,056 |
8,685,811,675 |
1,485,898,381 |
17.11% |
Total revenue in QIII/2011 was VND124,033,980,449 increasing 50.39% from the same period of last year, because the Company applied more selling policies with more promotion to agents
Profit after tax in QIII/2011 increased 17.11% from QIII/2010 because of the decrease in cost of borrowing.
HOSE
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