TMP: Explanation for business difference in quarter 1.2013 (Parent company)
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) 2 Financial income 1,225 4,565 3,340 272.65% Financial income in Quarter 1/2013 increased 272.65% compared to Quarter 1/2012 because term deposits matured 3 Interest expense 17,304 11,158 -6,146 -35.5% Interest expense in Quarter 1/2013 decreased 35.5% compared to Quarter 1/2012 because interest rate decreased. 4 Profit before tax 4,298 11,111 6,813 158.51% Profit before tax in Quarter 1/2013 increased 158.51% 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)
2
Financial income
1,225
4,565
3,340
272.65%
Financial income in Quarter 1/2013 increased 272.65% compared to Quarter 1/2012 because term deposits matured
3
Interest expense
17,304
11,158
-6,146
-35.5%
Interest expense in Quarter 1/2013 decreased 35.5% compared to Quarter 1/2012 because interest rate decreased.
4
Profit before tax
4,298
11,111
6,813
158.51%
Profit before tax in Quarter 1/2013 increased 158.51% compared to the same period of last year.
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