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DAS: Explanation for business result in Q4/2012 Dong A Securities Company Ltd. (DAS) gave reasons causing the differences in business results of Quarter 4/2012 compared to Quarter 4/2011:
By: VND
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Quarter
4/2012
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Quarter
4/2011
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Difference
amount
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Revenue
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35,485,929,331
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36,132,178,128
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(646,248,797)
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Expense
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70,261,609,261
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35,358,060,247
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34,903,549,014
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Profit
after tax
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(34,775,679,930)
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774,117,881
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(35,549,797,811)
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DAS’ profit after tax in Quarter 4/2012 decreased more than VND35
billion compared to Quarter 4/2011 because the Company’s expenses in the period
increased VND35 billion. The reason is that DAS sold a part of securities
portfolio and recorded a loss from selling of securities.
HOSE
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