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STT: Explanation for business result in quarter 4.2012 (Parent company) Saigontourist Transport Corporation has explained profit after tax in Quarter 4/2012 was –VND12,440,117,293, decreasing compared to –VND99,192,072 of Quarter 4/2011 as follows:
|
Term
|
Sales in
Quarter 4/2012
|
Sales in
Quarter 4/2011
|
Difference
|
|
Net
revenue
|
15,308,734,080
|
14,280,905,759
|
1,027,828,321
|
|
Profit
before tax
|
(12,440,117,293)
|
227,761,450
|
(12,212,355,843)
|
|
Profit
after tax
|
(12,440,117,293)
|
(99,192,072)
|
(12,539,309,365)
|
Net revenue
in Quarter 4/2012 was higher than Quarter 4/2011 because:
-
Revenue
of the transport block decreased VND435,409,168 (in 2011: VND7,895,433,718; in
2012: VND7,460,024,550).
-
Revenue
of disposal car sales increased VND3,909,090.
-
Revenue
of financial decreased VND337,180,216.
-
The
company deducted to setting up provision for bad debts in 2012 by
VND11,308,035,733 (in 2011: VND279,996,517) leading to accumulative loss after
tax –VND12,934,465,957.
HOSE
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