HPB: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011 Items |
According to the Financial Statement Quarter I/2012, profit after tax of Quarter I/2012 increased more than 10% year on year. PP pack making JSC explained the increase in operating result in Quarter I/2012 as follows:
|
QI/2012 |
QI/2011 |
Change |
Rate |
Production revenue |
61,788,993,739 |
42,266,184,159 |
19,522,809,580 |
46.19% |
Profit after tax |
2,080,169,216 |
784,285,058 |
1,295,884,158 |
165.23% |
The revenue of QI/2012 increased by VND19,522,809,580 due to increase of output. The price of input and cost of goods were stable. Therefore, profit after tax of QI/2012 increased by VND1,295,884,158 compared to QI/2011. | HNX