MBS: Explanation for business result in Q3/2012 MB Securities Joint Stock Company explains the fluctuation in its profit in Quarter 3/2012 compared to Quarter 3/2011 as follows:
By: VND
|
Quarter
3/2012
|
Quarter
3/2011
|
Difference
amount
|
Difference
ratio
|
Revenue
|
60,497,276,738
|
133,215,477,442
|
(72,718,200,704)
|
-54.6%
|
Profit
after tax
|
1,124,789,805
|
(79,639,106,213)
|
80,763,896,018
|
101.4%
|
-
Although MBS’s revenue decreased 54.6%, its profit after tax
increased 101.4% because in Quarter 3/2011 MBS sold a part of securities
portfolio and had to add a loss from selling securities (worth VND104,396,206,818)
into its dealing activities; while MBS’ expense for dealing activities in
Quarter 3/2012 was only VND7,253,854,191.
HOSE
|