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VCC: Explanation for change of over 10 percent in operating result in Quarter III/2012
According to the Financial Statement
Quarter III/2012, profit after tax increases by more than 10% year on year. Vinaconex
25 JSC explained the increase in operating result in Quarter III/2012 as
follows:
|
No.
|
Items
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QIII/2012
|
QIII/2011
|
% change
|
|
1
|
Total revenue and other
income
|
139,537,437,823
|
110,714,323,878
|
26.03
|
|
2
|
Total expense
|
134,624,206,929
|
107,206,143,126
|
25.58
|
|
3
|
Profit after tax
|
3,780,811,337
|
2,849,371,550
|
32.69
|
Reasons:
- The
revenue increased by 26.03% equivalent to the increase of 25.58% of total
expense. Moreover, in QIII, the company was reduced 30% (equivalent to
VND85,784,197) in income tax payable with construction activities of
infrastructure economic and social. Thus, profit after tax increased by 32.69%.
HNX
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