TMP: Explanation for business difference in quarter 1.2013 (consolidated)
Thac Mo Hydro Power Joint Stock Company (TMHPC) has explained profit increased over 10% in quarter 1.2013 beside quarter 1.2012 as follows:
Unit: million dongs
No. Items Quarter 1/2012 Quarter 1/2013 +/- Change % Change Reasons (1) (2) (3) (4)=(3)-(2) (5)=(4)/(2) (6) 1 Revenue 73,007 79,343 6,336 8.68% Electricity production increased in Quarter 1/2012, leading to revenue increased 8.68% compared to the same last year 2 Financial income 1,247 4,577 3,330 267% Financial income in Quarter 1/2013 increased 267% compared to Quarter 1/2012 because term deposits matured 3 Interest expense 17,304 14,406 -2,898 -16.74% Interest expense in Quarter 1/2013 decreased 16.74% compared to Quarter 1/2012 because interest rate decreased. 4 Profit before tax 4,320 11,961 7,641 176.87% Profit before tax in Quarter 1/2013 increased 176.87% compared to the same period of last year.
No.
Items
Quarter 1/2012
Quarter 1/2013
+/- Change
% Change
Reasons
(1)
(2)
(3)
(4)=(3)-(2)
(5)=(4)/(2)
(6)
1
Revenue
73,007
79,343
6,336
8.68%
Electricity production increased in Quarter 1/2012, leading to revenue increased 8.68% compared to the same last year
2
Financial income
1,247
4,577
3,330
267%
Financial income in Quarter 1/2013 increased 267% compared to Quarter 1/2012 because term deposits matured
3
Interest expense
17,304
14,406
-2,898
-16.74%
Interest expense in Quarter 1/2013 decreased 16.74% compared to Quarter 1/2012 because interest rate decreased.
4
Profit before tax
4,320
11,961
7,641
176.87%
Profit before tax in Quarter 1/2013 increased 176.87% compared to the same period of last year.
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