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. | HNX