NHW: Explanation for business results in quarter 1/2013
Ngo Han Joint Stock Company has explained difference of profit in Quarter 1/2013 and Quarter 1/2012 as follows:
By: billion dongs
Quarter 1/2012 Quarter 1/2013 Different Increased/ decreased Sales 345.1 354.82 9.72 103% Cost of goods sold 13.95 19.93 5.98 143% Gross profit 4.04% 5.62% 139% Financial expenses 4.01 5.28 1.27 132% Selling expenses 1.59 2.06 0.48 130% General and administration expenses 3.37 3.47 0.10 103% Profit after tax 3.85 6.84 2.99 178% - Profit after tax Quarter 1/2013 was VND6.84 billion, decreasing 78% compared to the same last year. - Net revenue in Quarter 1.2013 decreased 3% compared to the same of last year. + In Quarter 1.2013 Price of copper in world market changed complex effecting to cost of goods sold gross profit decreased strongly. + In 2013, the company controlled expenses, profit gross increased 5.98 billion dongs compared to the same period of last year. Ratio of profit gross in Quarter 1.2013 increased from 4.04% to 5.62% compared to the same period of last year.
Quarter 1/2012
Quarter 1/2013
Different
Increased/ decreased
Sales
345.1
354.82
9.72
103%
Cost of goods sold
13.95
19.93
5.98
143%
Gross profit
4.04%
5.62%
139%
Financial expenses
4.01
5.28
1.27
132%
Selling expenses
1.59
2.06
0.48
130%
General and administration expenses
3.37
3.47
0.10
Profit after tax
3.85
6.84
2.99
178%
- Profit after tax Quarter 1/2013 was VND6.84 billion, decreasing 78% compared to the same last year.
- Net revenue in Quarter 1.2013 decreased 3% compared to the same of last year.
+ In Quarter 1.2013 Price of copper in world market changed complex effecting to cost of goods sold gross profit decreased strongly.
+ In 2013, the company controlled expenses, profit gross increased 5.98 billion dongs compared to the same period of last year. Ratio of profit gross in Quarter 1.2013 increased from 4.04% to 5.62% compared to the same period of last year.
HOSE
> APC: Resolution of AGM 2013 (23/05/2013)
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> AGR: The Record Date for Annual General Meeting 2013 (23/05/2013)
> NKG: The Record Date for Annual General Meeting 2013 (23/05/2013)
> L43: Results of Annual General Meeting of Shareholders (22/05/2013)
> MEC: Explanation for change of over 10 percent in consolidated operating result in Quarter IV. 2012 (22/05/2013)
> ACB: Financial Statement Quarter 1/2013 (holding company) (22/05/2013)
> TDC: Explanation for business results in quarter 1/2013 (22/05/2013)