VSM: Explanation for business result in Q1.2013

VSM Securities Joint Stock Company (VSM) explained the business results of Quarter 1.2013 compared to Quarter 1.2012:

-         Business result in Quarter 1.2012:

+         Profit before tax: 108,735,360 dongs

+         Profit after tax: 81,551,520 dongs

-         Business result in Quarter 1.2013:

+         Profit before tax: 42,601,657 dongs

+         Profit after tax: 31,951,243 dongs

Profit in Quarter 1.2013 decreased 60.8% because the general situation of securities market in Quarter 1.2013 were not favourable, liquidity decreased. So, revenue and profit decreased from the same period of last year.

HOSE

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

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