Wednesday, 08/08/2012 10:33

TIE: Explanation for business result in Quarter 2.2012

Telecommunications Industry Electronics Joint Stock Company has explained the difference in profit after tax between Quarter 2.2012 and Quarter 2.2011:

By: VND

 Item

 Quarter

 2.2012

 Quarter 2.2011

 Difference

 Value

Ratio

Total revenue

55,353,262,930

58,538,602,491

-3,185,339,561

-5.44%

Total expense

55,303,892,891

58,923,449,770

-3,619,556,879

-6.14%

Profit before tax

49,370,039

-384,847,279

434,217,318

 

Profit after tax

49,370,039

-384,847,279

434,217,318

 

 Profit after tax in Quarter 2.2012 was 49,370,039 dongs, increasing 434,217,318 dongs from the same period of last year, because:

  • Total expenses decreased 3,619 million dongs because cost of goods sold decreased 7,045 million dongs, interest expense increased 1,477 million dongs, provision for finance investment decreased 1,238 million dongs.
  • Dividend and distributed profit increased 3,870 million dongs, other income decreased 1,738 million dongs.

HOSE

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