Wednesday, 22/05/2013 17:11

CMV: Explanation for business result in Q1.2013 (parent company)

Camau Trading Joint Stock Company (CAMEX) has explained the fluctuation in business results of parent company in Quarter 1/2013 compared to Quarter 1/2012:

-         Revenue in Quarter 1/2013 was 969,590,936,356 dongs, decreasing 12.97%.

-         Profit before tax in Quarter 1/2013 was 7,136,454,783 dongs, decreasing 30.36%.

-         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

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