Monday, 24/06/2013 16:29

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

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