MSG: Explanation for business result in Q1.2013

Morgan Stanley Gateway Securities Joint Stock Company (MSG) explained the fluctuation in profit before tax of Quarter 1.2013 compared to Quarter 1.2012 as follows:

-         Profit after tax in Quarter 1.2013: 3,295,477,787 dongs

-         Profit after tax in Quarter 1.2012: 5,074,126,969 dongs

-         Difference: -1,778,649,182 dongs

Reason: the company’s main revenue comes from source capital business while deposit interest rate of the bank increased strong led to profit after tax increased over 10% compared the same period of last year.

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>   TAG: Financial Statement Quarter 1/2013 (22/04/2013)