TTC: 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/2013 increased more than 10% year
on year. Thanh Thanh JSC explained the increase
in operating result in Quarter I/2013 as follows:
Profit after tax of QI/2013 was
VND1,985,129,944 (198.28% compared to QI/2012)
No.
|
Items
|
QI/2013
|
QI/2012
|
Comparison
(%)
|
1
|
Net
revenue
|
72,738,159,998
|
72,388,006,730
|
100.48
|
2
|
Accounting
profit before tax
|
2,146,086,427
|
1,001,182,129
|
214.36
|
3
|
Income
tax payable
|
160,956,483
|
-
|
|
4
|
Profit
after tax
|
1,985,129,944
|
1,001,182,129
|
198.28
|
Reasons:
- Increase
of competitive advantage
- Decrease
of depreciation expense, interest expense
- Increase
of net revenue HNX
|