Monday, 27/05/2013 22:11

TKU: Explanation for change in operating result in Consolidated Financial Statement Q1.2013



According to the consolidated financial statement Quarter I/2013, the profit after tax changes more than 10% year on year. Tung Kuang Industrial JSC explained the change in consolidated profit after tax as follows:

Items

Quarter I/2013

Quarter I/2012

+/-

%

Net sales of merchandise and services

265,472,072,171

219,771,344,437

45,700,727,734

20.8

Cost of goods sold

237,770,865,782

216,776,249,498

20,994,616,284

9.7

Gross profit from sale of merchandise and services 

27,701,206,389

2,995,094,939

24,706,111,450

824.9

Financial expenses

3,394,295,019

4,073,238,625

-678,943,606

-16.7

  - Interest expenses

2,861,751,591

3,337,897,196

-476,145,605

-14.3

General and administration expenses

8,689,132,482

10,124,773,816

-1,437,641,334

-14.2

Profit after tax

9,797,737,250

-12,616,340,073

22,414,077,323

177.7

 

-       Net sales increase VND45billion

-       Gross profit increase VND24billion

-       Financial expenses decrease VND678million

HNX

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