TDH: Explanation for the business result in Quarter 3.2012 Thu Duc Housing Development Corporation (THUDUC HOUSE) explained the business result in Quarter 3/2012 as follows:
Unit: billion dongs
Item
|
Quarter 3
|
Accumulative
|
Current year
|
Previous
year
|
Current year
|
Previous
year
|
Net
revenue
|
73,765
|
75,901
|
226,405
|
371,273
|
Gross
profit
|
14,425
|
14,321
|
42,746
|
1403,881
|
Profit
before tax
|
(8,520)
|
(13,126)
|
(55,823)
|
27,732
|
Profit
after tax
|
(9,498)
|
(11,940)
|
(1,618)
|
18,997
|
Profit
after tax of minority shareholders
|
(8,362)
|
(11,849)
|
2,751
|
9,291
|
-
Net
revenue in Quarter 3/2012 was 73.8 billion dongs, decreasing 2.8% compared to
the same period of 2011. Gross profit was 14.4 billion dongs, Profit after tax was
-9.5 billion dongs, Profit after tax of minority shareholders was -8.4 billion
dongs. -
Reasons: +
Net
revenue from sales and services in the period was down because of difficulties
of economic, property market and selling of products. So, revenue in Quarter 3/2012
was 73.8 billion dongs. +
Financial
expense rose from 14.3 billion dongs or 34.3% in Quarter 3.2011 to 19.3 billion
dongs in Quarter 3.2012, in which provision for diminution in value of
long-term investments was 10.8 billion dongs, increasing about 07 times
compared to the same period of last year. +
Profit
after tax was -9.5 billion dongs and
profit after tax of minority shareholders was -8.4 billion dongs.
Although, the company saved expenses as: interest expense decreased 33.7%,
selling expense decreased 33.5% and general & administrative expenses
decreased 22.8% compared to the same period of last year. +
The cumulative 9 months,
revenue from selling and service supply was 226.4 billion dongs. Gross profit was 42.7
billion dongs, profit after tax of minority shareholders was 2.8 billion dongs.
HOSE
|