DIG: Explanation for business result in Quarter 1.2013 (Consolidation) In the Consolidation financial statements for Quarter I/2013, total revenue decreased VND39.3 billion or 18% compared to the same period of last year. Profit after tax of parent company decreased VND16.3 billion or 67% compared to the same period of 2012. Therefore, Development Investment Construction Joint Stock Corporation (DIC CORP) explained the difference as follows:
-
Net revenue from selling and service supply decreased
VND13.6 billion or 7% because revenue from construction decreased.
-
Financial income decreased VND24.6 billion or 89% because
interest expense and decreased and decrease in financial provision.
By: VND
|
|
Quarter 1.
2013
|
Quarter 1. 2012
|
Increase/decrease
|
%
|
Total
revenue
|
180,292,409,997
|
219,637,563,385
|
-39,345,153,388
|
-17.91%
|
Revenue
from selling and
service supply
|
176,128,507,280
|
189,810,592,246
|
-13,682,084,966
|
-7.21%
|
Financial income
|
2,895,575,805
|
27,552,499,601
|
-24,656,923,796
|
-89.49%
|
Other
income
|
1,268,326,912
|
2,274,471,538
|
-1,006,144,626
|
-44.24%
|
Cost
of goods sold
|
131,617,553,031
|
143,480,055,074
|
-11,862,502,043
|
-8.27%
|
Gross
profit
|
44,510,954,249
|
46,330,537,172
|
-1,819,582,923
|
-3.93%
|
Profit
after tax of the
parent company shareholders
|
8,041,584,738
|
24,408,834,709
|
-16,367,249,971
|
-67.05%
|
HOSE
|