CMV: Explanation for business result in Q1.2013
Camau Trading Joint Stock Company (CAMEX) has explained the fluctuation in business results in Quarter 1/2013 compared to Quarter 1/2012, according to the Quarter 1/2013 consolidated financial statements:
- Revenue in Quarter 1/2013 was 1,040,309,165,486 dongs, decreasing 12.49%. - Profit before tax in Quarter 1/2013 was 8,947,154,013 dongs, decreasing 29.01%. - Reason: + Market competition is increasingly fierce. + Revenue from commissions decreased. + Selling expense and financial expense increased because interest expense in Quarter 1/2013 was 2,948,360,111 dongs, increasing 90.02%.
- Revenue in Quarter 1/2013 was 1,040,309,165,486 dongs, decreasing 12.49%.
- Profit before tax in Quarter 1/2013 was 8,947,154,013 dongs, decreasing 29.01%.
- Reason:
+ Market competition is increasingly fierce.
+ Revenue from commissions decreased.
+ Selling expense and financial expense increased because interest expense in Quarter 1/2013 was 2,948,360,111 dongs, increasing 90.02%.
HOSE
> CMG: Resolution on organizing the AGM 2013 (20/05/2013)
> MMC: Financial Statement Quarter 1/2013 (20/05/2013)
> ALT: Financial Statement Quarter 1/2013 (20/05/2013)
> MIC: Financial Statement Quarter 1/2013 (20/05/2013)
> LO5: Financial Statement Quarter 1/2013 (20/05/2013)
> LIG: Financial Statement Quarter 1/2013 (20/05/2013)
> PDR: Resolution of the 2013 Annual General Meeting (20/05/2013)
> PAN: Resolution of AGM 2013 (20/05/2013)
> Moody's affirms Vietinbank's ratings, rises its Standalone Credit Assessment (20/05/2013)
> MPC: Extension time of submitting financial statements of Quarter 1.2013 (20/05/2013)