NTB: Explanation for business result in Q2.2012
Transport Engineering Construction & Business Investment Stock Company 584 (TECBIS 584 JSC) explained the fluctuation in business result in Quarter 3/2012:
- Profit before tax in Quarter 3/2012: -VND24,759,928,774 - Profit after tax in Quarter 3/2011: -VND6,326,575,925 - TECBIS 584 JSC attributed its heavier loss to difficulties in the real estate market, arising age, financial expenses and surging other expenses in the period. - Revenue in Quarter 3/2012 was less than in Quarter 3/2011, while general and administration expenses and financial expenses, other expenses went up, leading to loss in Quarter 3/2012 was higher than in Quarter 3/2011.
- Profit before tax in Quarter 3/2012: -VND24,759,928,774
- Profit after tax in Quarter 3/2011: -VND6,326,575,925
- TECBIS 584 JSC attributed its heavier loss to difficulties in the real estate market, arising age, financial expenses and surging other expenses in the period.
- Revenue in Quarter 3/2012 was less than in Quarter 3/2011, while general and administration expenses and financial expenses, other expenses went up, leading to loss in Quarter 3/2012 was higher than in Quarter 3/2011.
HOSE
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> MKV: Financial Statement Quarter 3/2012 (holding company) (23/11/2012)
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> MKV: Financial Statement Quarter 3/2012 (23/11/2012)