Monday, 27/05/2013 16:36

GMD: Explanation for consolidated business result in Quarter 1.2013

Gemadept Corporation explained the fluctuation in consolidated in Quarter 1/2013:

-         The financial statements of parent company:

By: dongs

Item

Quarter 1.2013

Quarter 1.2012

Difference

Profit after tax

114,156,739,892

31,888,088,687

82,268,651,205

-         Profit in Quarter 1/2013 was VND114.1 billion, increasing 82.2% compared to Quarter 1/2012, because:

+         Financial profit increased VND82.7 billion because profit from liquidation of investments.

+         Selling expense increased VND0.5 billion.

-         The consolidated financial statements:

By: dongs

Item

Quarter 1.2013

Quarter 1.2012

Difference

Profit after tax

151,563,892,064

39,003,832,858

112,560,059,206

-         Profit in Quarter 1/2013 was VND151.5billion, increasing 112.5% compared to Quarter 1/2012, because:

+         Financial profit increased VND114.1 billion because profit from liquidation of investments.

+         Selling expense increased VND1billion.

+         Income tax increased VND1billion.

HOSE

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