SAM: Explanation for consolidated business result in Q4/2012 Sacom Development and Investment Corporation has explained business result in Q4/2012 as follows:
Items
|
Quarter 4/2012
|
Quarter 4/2011
|
Comparative
|
Revenue
|
154,660,616,979
|
284,590,635,868
|
54.34%
|
Profit
after tax
|
-6,002,348,486
|
-76,652,749,997
|
|
Loss after
tax in Quarter 4/2012 was VND6,002,348,486 because the company made a provision
for financial investment of VND63,834,434,151 in Quarter 4/2011. Because the
company changed consolidated method, leading
to profit decreased VND34,572,169,790. But profit in Single – entity financial
statements from investment shares was VND22,344,000,000.
HOSE
|