FPT: Explanation for business result in Quarter 1.2012
FPT Corporation has announced explanation for business result in quarter 1/2012 as follows:
Unit: million dongs
Quarter 1/2012 Quarter 1/2011 Difference Comparison Net income 5,949,753 5,997,394 (47,641) (0.79%) Profit before tax 577,919 515,704 62,215 12.06% Profit after tax 460,417 416,327 44,089 10.59% In which:
Quarter 1/2012
Quarter 1/2011
Difference
Comparison
Net income
5,949,753
5,997,394
(47,641)
(0.79%)
Profit before tax
577,919
515,704
62,215
12.06%
Profit after tax
460,417
416,327
44,089
10.59%
In which:
Quarter 1/2012 Quarter 1/2011 Difference Comparison Financial income 109,580 131,298 (21,718) (16.54%) Financial expense 122,822 304,280 (181,458) (59.64% Economic difficulties leading demand for goods decreased, so income in Quarter 1/2012 decreased 0.79% compared with the same period of last year. But profit before tax and profit after tax in quarter I/2012 rose 12.06% and 10.59% compared with the same period of last year. Because: Income from key sectors increased. Specifically, in system integration sector FPT’s income growth at 47% , in training rose 46%, in software gained 25%, in telecommunication went up 15% and in digital content increased 134%.Although financial income decreased 16.54% but financial expense decreased 59.64% making profit of FPT Corporation rose.
Financial income
109,580
131,298
(21,718)
(16.54%)
Financial expense
122,822
304,280
(181,458)
(59.64%
Economic difficulties leading demand for goods decreased, so income in Quarter 1/2012 decreased 0.79% compared with the same period of last year. But profit before tax and profit after tax in quarter I/2012 rose 12.06% and 10.59% compared with the same period of last year. Because:
HOSE
> VSG: Explanation for business result in Q1.2012 (06/06/2012)
> KMR: The record date for the first 2012 extraordinary shareholders meeting and the payment for bonus shares (06/06/2012)
> PVS: Results of Annual General Meeting of Shareholders 2012 (05/06/2012)
> TBX: Explanation for difference in financial statement Year 2011 before and after auditing (05/06/2012)
> TTP: Resolution of Annual General Meeting 2012 (05/06/2012)
> LCG: Board resolution on Q2/2012 revenue & profit (05/06/2012)
> SHN: Results of Annual General Meeting of Shareholders 2012 (05/06/2012)
> BVH: Explanation for business result in quarter 1/2012 (05/06/2012)
> ASM: Explanation for business result in Q1/2012 (05/06/2012)
> HFC: Results of General Meeting of Shareholders 2012 (05/06/2012)
