TRA: Explanation for Q4.2012 business results
Traphaco Joint Stock Company explained the difference in consolidated revenue and profit between Quarter 4/2012 and Quarter 4/2011:
Quarter 4/2012 Quarter 4/2011 Difference Profit after tax VND 39,250,507,777 VND 21,289,681,285 84.36% Profit after tax in Quarter 4/2012 increased by 84.36% compared to the same period of 2011 because of the following reasons: - Revenue in Quarter 4/2012 increased more than 36% compared to the same period of 2011, while the cost on net revenue and other expenses have been stable. - Other income in Quarter 4/2012 increased near VND5 billion because the Company reversed the unemployment insurance reserve fund.
Quarter 4/2012
Quarter 4/2011
Difference
Profit after tax
VND 39,250,507,777
VND 21,289,681,285
84.36%
Profit after tax in Quarter 4/2012 increased by 84.36% compared to the same period of 2011 because of the following reasons:
- Revenue in Quarter 4/2012 increased more than 36% compared to the same period of 2011, while the cost on net revenue and other expenses have been stable.
- Other income in Quarter 4/2012 increased near VND5 billion because the Company reversed the unemployment insurance reserve fund.
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