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C21: Explanation for business results in Q3/2011
Century 21 JSC (HOSE: C21) has announced explanation for business result in QIII/2011 as follows:
Unit: million dongs
|
Items |
QIII/2011 |
QIII/2010 |
Difference |
Rate |
|
Net revenue |
6,333,462,338 |
7,297,324,382 |
(963,962,044) |
(13%) |
|
Gross profit |
2,713,748,323 |
7,806,547,186 |
(5,092,798,863) |
(65%) |
|
Financial expenses |
4,734,882,874 |
11,105,830,088 |
(6,370,947,214) |
(57%) |
|
Interest expenses |
1.183.720.719 |
851.457.522 |
332.263.197 |
39% |
|
Profit after tax |
3.551.162.155 |
10.254.372.566 |
(6,703,210,411) |
(65%) |
- Net revenue in QIII/2011 decreased 13% compared to QIII/2010 because revenue from selling of ground down.
- Financial income in QIII/2011 decreased 65% compared to QIII/2010 because In QIII/2010 the company received interest from the subsidiary was VND7,700,000,000, interest from bank deposit in QIII/2011 increased VND1,535,929,453 compared to QIII/2010.
- Corporate income tax expenses in QIII/2011 increased 39% compared to QIII/2010 because the company received interest from the subsidiary.
HOSE
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