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STT: Explanation for consolidated business result in quarter 4.2012 Saigontourist Transport Corporation has explained profit after tax in Quarter 4/2012 was –VND12,036,975,730, decreasing compared to –VND439,651,234 of Quarter 4/2011 as follows:
|
Term
|
Sales in
Quarter 4/2012
|
Sales in
Quarter 4/2011
|
Difference
|
|
Net
revenue
|
22,892,540,130
|
18,489,465,384
|
4,403,074,746
|
|
Profit
before tax
|
(11,902,595,209)
|
605,710,432
|
(11,296,884,777)
|
|
Profit
after tax
|
(12,036,975,730)
|
439,651,234
|
(11,597,324,496)
|
Net revenue
in Quarter 4/2012 was higher than Quarter 4/2011 because:
-
Revenue
of Long Van Security Co., Ltd increased VND371,940,924 (in 2012:
VND3,199,855,242, in 2011: VND2,827,914,318)
-
Revenue
of tourism increased VND1,785,208,556 (in 2012: VND5,394,167,124, in 2011:
VND3,608,958,568).
-
Revenue
of the transport block decreased VND435,409,168 (in 2011: VND7,895,433,718, in
2012: VND460,024,550).
-
Revenue
of disposal car sales increased VND3,909,090,909.
-
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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