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CTV: Explanation for change in operating result in Quarter 3/2012
According to the Financial Statement Quarter 3/2012, profit after tax increases by more than 10% year on year. On 03/11/2012 Viet Nam Investment – Production and Trading JSC explained the increase in operating result in Quarter 3/2012 as follows:
|
No.
|
Content
|
QIII/2012
|
QIII/2011
|
Difference
|
|
Value
|
%
|
|
1
|
Gross
profit from sales and services
|
1,148,784,972
|
1,414,874,705
|
-266,089,733
|
-18.81%
|
|
2
|
Financial
expense
|
21,125,201
|
892,966,000
|
-871,840,799
|
-97.63%
|
|
3
|
Sales
expense
|
29,822,374
|
378,774,605
|
-348,952,231
|
-92.13%
|
|
4
|
Administrative
fee
|
581,887,849
|
1,040,513,926
|
-458,626,077
|
-44.08%
|
|
5
|
Profit
after tax
|
384,954,759
|
-798,491,321
|
1,183,446,080
|
-148.21%
|
-
The financial expense of Quarter III/2012 was
lower year on year by VND 871,840,799 ( 97.63%); the sale expense was lower by
VND 348,952,231 (92.13%). Besides that,
because the operation of 2012 met difficulties so the company cut down labors
and other administrative fee so the administrative fee of Quarter III/2012 was
lower year on year by VND 458,626,077 (44.08%). As a result, the profit after
tax of Quarter III/2012 was higher than Quarter III/2011 by VND 1,183,446,080
(148.21%).
HNX
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