HAGL Joint Stock Company (HAGL) has explained fluctuation of business results in Quarter 3/2012 compared to Quarter 3/2011 as follows:
-
Profit
before tax in Quarter 3/2012: 24,178,354 thousand dongs
-
Profit
before tax in Quarter 3/2011: 1,010,055 thousand dongs
-
Reasons:
1. Revenue: revenue in Quarter 3/2012 increased
371 billion dongs compared to the same period of last year (in Quarter 3/2011:
408 billion dongs, in Quarter 3/2012: 779 billion dongs).
Revenue
from selling and service supply in Quarter 3/2012 increased 277 billion dongs
compared to the same period of last year (in Quarter 3/2011: 197 billion dongs,
in Quarter 3/2012: 474 billion dongs) including:
+
Revenue
from contracting in Quarter 3/2012 increased 49 billion dongs compared to the
same period of last year (in Quarter 3/2011: 2 billion dongs, in Quarter
3/2012: 51 billion dongs).
+
Revenue
from products in Quarter 3/2012 increased 235 billion dongs compared to the
same period of last year (in Quarter 3/2011: 168 billion dongs, in Quarter
3/2012: 403 billion dongs).
+
Financial
income in Quarter 3/2012 increased 94 billion dongs compared to the same period
of last year (in Quarter 3/2011: 206 billion dongs, in Quarter 3/2012: 300
billion dongs) mainly because Interest income from loans to subsidiaries in
Quarter 3/2012 ứa 270 billion dongs, increasing 154
billion dongs compared to 116 billion dongs of Quarter 3/2011.
2. Expenses:
+
Cost
of goods sold increased compared to revenue (in Quarter 3/2011: 168 billion
dongs, in Quarter 3/2012: 435 billion dongs), leading to gross profit increased
9 billion dongs.
+
Financial
expenses in Quarter 3/2012 increased 77 billion dongs compared to the same
period of last year (in Quarter 3/2011: 207 billion dongs, in Quarter 3/2012:
284 billion dongs) mainly because Interest expenses went up.
