Monday, 21/01/2013 17:19

MBS: Explanation for business result in Q4/2012

MB Securities Joint Stock Company (MBS) gave reasons causing the differences in business results of Quarter 4/2012 compared to Quarter 4/2011:

By: VND

Item

Quarter 4/2012

Quarter 4/2011

Difference amount

Difference ratio

Revenue

166,432,627,848

121,298,599,853

45,134,027,995

27.12%

Expense

162,072,369,745

267,525,243,269

(105,452,873,524)

-39.42%

Profit after tax

4,262,712,781

(149,195,874,918)

153,458,587,699

-102.86%

Total revenue in Quarter 4/2012 increased by 27.12% compared to Quarter 4/2011. While, other income in Quarter 4/2012 was VND132,262,107,031 increasing 192.3% from VND45,249,520,111 in Quarter 4/2011.

Total expense in Quarter 4/2012 decreased 39.42% against Quarter 4/2011. In which, the provision for securities devaluation in Quarter 4/2012 was VND52,284,250,977 decreasing 51.79% compared to VND108,440,475,655 in Quarter 4/2011.

Therefore, MBS’ profit after tax in Quarter 4/2011 rose VND102.86% compared to the same period of 2011. 

HOSE

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