Monday, 15/10/2012 16:44

BSI: Explanation for business result in Q3.2012

BIDV Securities Joint Stock Company explained in business result Quarter 3/2012 increase over 10% compared to Quarter 3/2011 as follows:

                                                                                                                        Unit: million dongs

Item

Quarter 3/2012

Quarter 3/2011

Change

Revenue

33,372

61,394

-45%.64

Operating expense

39,127

194,622

-79.90%

Profit after tax

(7,687)

(134,659)

-94.30%

-         Reason:

+         Operating expense in Quarter 3/2012 was less than in quarter 3/2011. In which:

+         Provision for devaluation of stocks in Quarter 3/2012 was 12,7 billion dongs, decreasing 90% compared to 129,1 billion dongs of Quarter 3/2011.

+         Difference in losses from selling securities which were co-invested in Quarter 3/2012 was VND5.8 billion, decreasing by 66.12% from VND17.3 billion in Quarter 3/2011.

HOSE

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