NTB: Explanation for business result in Q1.2012
Transport Engineering Construction & Business Investment Stock Company 584 explained the fluctuation in business result in Quarter 1/2012 compared to Quarter 1/2011:
- Consolidated profit before tax in Quarter 1/2012: - VND 563,161,391 - Consolidated profit before tax in Quarter 1/2011: - VND6,482,717,738- Difference: VND7,045,879,129 - Reason: in Quarter 1/2012, net income, other income and gross profit increased while financial expense and general and administration expense decreased leading profit before tax in Quarter 1/2012 was higher than Quarter 1/2011
- Consolidated profit before tax in Quarter 1/2012: - VND 563,161,391
- Consolidated profit before tax in Quarter 1/2011: - VND6,482,717,738
- Difference: VND7,045,879,129
- Reason: in Quarter 1/2012, net income, other income and gross profit increased while financial expense and general and administration expense decreased leading profit before tax in Quarter 1/2012 was higher than Quarter 1/2011
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