Wednesday, 17/10/2012 09:22

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

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