Huu Lien Asia Corporation explained the business result in Quarter II/2012 compared to Quarter II/2011:
-
Profit
after tax in Quarter II/2012: - VND32,363,583,199
-
Profit
after tax in Quarter III/2010: - VND11,703,312,903
-
Difference:
-VND20,660,270,296
Reasons:
-
Items
increasing profit:
+
Increase
in revenue from sales and services: VND172,301,662,867
+
Increase
in other income: VND4,197,978,365
+
Decrease
in general & administrative expense: VND2,533,053,475
+
Decrease
in deferred corporate income tax: VND408,460,653
+
Total:
VND179,441,155,360
-
Items
decreasing profit:
+
Increase
in cost of goods sold: VND191,188,419,655
+
Increase
in financial expense: VND5,774,799,380
+
Increase
in selling expense: VND46,400,862
+
Increase
in other expenses: VND961,344,840
+
Increase
corporation income tax: VND142,987,429
+
Decrease
in financial income: VND997,091,590
+
Decrease
in profit in joint venture: VND990,381,900
-
Total: VND200,101,425,656
(1) – (2): (VND20,660,270,296)
