SBS: Explanation for business result in 2012 Sacombank Securities Joint Stock Company explained the fluctuation in business result between 2012 and 2011 according to the financial statements:
Item
|
2012
|
.2011
|
Difference
|
Ratio
|
Revenue
|
228,25
|
943,42
|
-715,17
|
-75,81%
|
Revenue
from securities brokerage services
|
24,33
|
40,19
|
-15,87
|
-39,48%
|
Revenue
from securities investment
|
101,03
|
417,89
|
-316,86
|
-75,82%
|
Revenue
from finance advisory services
|
0,98
|
36,84
|
-35,85
|
-97,33%
|
Revenue
from securities custodian services
|
3,56
|
3,46
|
0,10
|
2,76%
|
Other
revenues
|
98,35
|
437,67
|
-339,32
|
-77,53%
|
Expenses
for securities trading activities
|
-319,30
|
-1.722,63
|
1.403,33
|
-81,46%
|
General
& administration expenses
|
-317,20
|
-864,00
|
546,8
|
-63,29%
|
Profit
before tax
|
-48,44
|
-1.642,46
|
1,594.02
|
-97,05%
|
Profit
after tax
|
-137,65
|
-1.652,33
|
1.514,67
|
-91,67%
|
Reason:
-
Because
of economic difficulties, common difficulties in the stock market, affecting to
revenue from securities brokerage services
-
General
& administration expenses in 2012 decreased strongly.
-
SBS
stopped joining investment and capital contribution activities, leading to
revenue from investment decreased and leading to no provision for these
activities. Therefore, profit after tax in 2012 fluctuated compared to in 2011.
HOSE
|