Monday, 03/06/2013 13:43

DRH: Explanation for business result in Q1.2013

Dream House Investment Corporation explained the difference in revenue and profit between Quarter 1/2013 and Quarter 1/2012 as follows:

-         In Quarter 1/2013, Dream House Investment Corporation had a revenue of VND32.7 billion, decreased 40.4% compared to Quarter 1/2012 (VND54.9 billion). The main reason was from the decrease in income from fertilizer trading.

-         The Corporation’s profit after tax in Quarter 1/2013 was VND305.6 million while profit after tax in Quarter 1/2012 was VND213.7 million. Therefore, its profit after tax in Quarter 1/2013 increased 43% mainly because its fertilizer trading in the period was more favorable, and the cost of goods sold decreased and helped the gross profit increase 51.8% to VND3.3 billion against the same period of 2012. 

HOSE

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