PGT: Explanation for the change of over 10% in operating result in QI.2013 compared to QI.2012

    According to the Financial Statement Quarter I/2013, profit after tax of Quarter I/2012 decreased more than 10% year on year.  Saigon Petrolimex gas taxi JSC explained the decrease in operating result in Quarter I/2013 as follows:
    Operating results in QI/2013 was VND3,731,153,938. However, the company must set up allowance for uncollectible accounts of Hiep Dong Tam Group JSC and Khanh Ngoc Garage Private Enterprise. Allowance in QI/2013 was VND4,767,554,852. Thus, profit in QI/2013 was VND1,036.400.914 billion.

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