KTT: Explanation for change in operating result in Quarter 3/2012
According to the Financial Statement Quarter III/2012, profit after tax decreases by more than 10% year on year. On 31/10/2012 Thien Truong Power Equipment Investment and Construction JSC explained the decrease in operating result in Quarter III/2012 as follows:
No.
Content
QIII/2012
QIII/2011
1
Sales and services revenue
2,059,544,767
3,742,074,348
2
Profit after tax
21,171,077
44,378,125
The profit after tax in Quarter III/2012 of the company decreased compared with QIII/2011. The main reason was the revenue of QIII/2012 was lower year on year. Moreover, the contracts of QIII/2012 decreased compared with QIII/2011. Besides that, the capital price of constructions increased due to the effects of material price, interest rate, led to increased expenses and affected revenue of the company in Quarter III/2012.
HNX
> SDC: Explanation for change in operating result in Quarter 3/2012 (21/11/2012)
> DTC: Notice of record date for Extraordinary General Meeting of Shareholders 2012 (21/11/2012)
> NBC: Explanation for change in operating result in Quarter 3/2012 (21/11/2012)
> MAX: Explanation for change in operating result in Quarter 3/2012 (21/11/2012)
> BKC: Financial Statement Quarter 3/2012 (21/11/2012)
> MPC: Explanation for business result in Q3.2012 (21/11/2012)
> HLA: Explanation for consolidated business result in Q3/2012 (21/11/2012)
> STT: Reminded to submit financial statements (21/11/2012)
> CX8: Explanation for change of over 10 percent in operating result in Quarter III/2012 (21/11/2012)
> CSC: Financial Statement Quarter 3/2012 (consolidated) (21/11/2012)