TDC: Explanation for business results in quarter 1/2012 Binh Duong Trade and Development Joint Stock Company (TDC) has explained business results in quarter 1/2012 compared to quarter 1/2011 as follows:
By: VND
No.
|
|
Quarter 1/2012
|
Quarter 1/2011
|
Different
|
1
|
Operating
profit
|
(4,166,644,449)
|
19,021,971,076
|
23,188,615,525)
|
(122%)
|
2
|
Other
profit
|
5,468,722,309
|
7,052,855,619
|
(1,584,133,310)
|
(22%)
|
3
|
Profit
before tax
|
1,302,077,860
|
26,074,826,695
|
(24,772,748,835)
|
(95%)
|
4
|
Current
corporate income tax
|
325,519,465
|
6,343,706,674
|
(6,018,187,209)
|
(95%)
|
5
|
Profit
before tax of parent company
|
976,558,395
|
19,731,120,021
|
(18,754,561,626)
|
(95%)
|
6
|
Consolidate
profit before tax
|
3,548,779,337
|
19,731,120,021
|
|
|
-
Profit
after tax in quarter 1/2012 gained VND976,558,395 against VND3,548,779,337 in
quarter 1/2011 equivalent to decrease of 95% or down VND18,754,561,626, mainly
because: -
TDC have activity in construction
and real estate business sector so income usually increases in quarter 3 and quarter 4 an annual.
Besides, market was quiet leading income from real estate business went down so profit from activity
business decreased VND23,188,615,525 (equivalent profit after tax in quarter 1/2012 decreased
118%). -
In
quarter 1/2012, TDH did not merger in to subsidiaries
but consolidated profit after tax in quarter 1/2012 was VND3,548,779,337 (equivalent 17.99%
of profit after tax in quarter 1/2011. However, consolidated
profit in quarter 1/2012 increased VND2,572,220,942 compared to profit after
tax of parent company in 2012 because: Unrealized profit in inventories until
the end of 2011 were reversed in quarter 1/2012.
HOSE
|