APSC: Explanation for business result in Quarter 1.2013

Alpha Securities Joint Stock Company explained profit after tax in Quarter 1.2013 increased compared to in Quarter 1.2012:

By: dongs

	Quarter 1/2013	Quarter 1/2012	Different
Revenue	2,912,286,318	2,066,287,417	40.94%
Cost	2,833,821,675	3,651,611,519	-22.4%
Profit after tax	78,464,643	-1,585,324,102	104.95%

Reason:

-         In Quarter 1/2013 the stock market was better, leading to inventors traded more highly.

-         Business expenses decreased 22.4% because APSC decreased wage, staffs, and decreased to rent office…

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