KSA: Explanation for the Q4.2012 business results (Parent Company)

Binh Thuan Mineral Industry Joint Stock Company explained the defference in the parent company’s business results for Quarter 4/2012 compared to Quarter 4/2011:

Content	Quarter 4/2012 (million dongs)	Quarter 4/2011 (million dongs)	Difference (%)
Revenue	4,850	3,296	47.15%
Revenue deductions	8,573	-	-
Net revenue	(3,723)	3,296	-212.96%
Cost of goods sold	(2,822)	2	-114,955.51%
Financial revenue	1,001	203	393.10%
Financial expense	1,208	-	-
Selling expense	-	-	-
Administrative expense	1,235	616	100.49%
Other income	7,189	600	1,098.17%
Other expense	4,744	587	708.18%
Profit before tax	102	236	-56.78%
Profit after tax	77	177	-56.50%

Although the parent company’s revenue in Quarter 4/2012 was higher than Quarter 4/2011, its profit in Quarter 4/2012 decreased by 10% because of its financial expense rose sharply.

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