TCT: Explanation for change of over 10 percent in operating result Quarter I/2012
According to the Financial Statement Quarter I/2012, profit after tax increases by more than 10% year on year. Tay Ninh Cable Car Tour JSC explained the increase in operating result in Quarter I/2012 as follows:
- Revenue from sales and services increased by 35.8% year on year because the increase in ticket price for cable car, arris gutter, train and tram services.
- Financial expenses increase by 69.08% year on year due to the increase in idle money (from revenue and due deposits).
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