HNX

Thursday, 30/08/2012 16:19

FLC: Explanation for change of over 10 percent in operating result Quarter II/2012

            According to the Financial Statement Quarter II/2012, profit after tax increases by more than 10% year on year. FLC Group JSC explained the increase in operating result in Quarter II/2012 as follows:

Items

QII/2012 (VND)

QII/2011 (VND)

Change compared to QII/2011

Revenue from operation

169,552,659,107

24,366,531,853

595.84%

Gross profit

1,177,699,158

969,245,734

21.51%

Profit after tax

1,014,374,432

(1,616,592,789)

162.75%

 

Reasons:

-       The revenue in QII/2012 increased by 595.84% compared to 2011 due to increase of operation scale, number of orders in trading activity.

-       Profit after tax in QII/2012 increased by 162.75% compared to 2011 due to increase of financial income and decrease of financial expense.

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