VNS: Explanation for business result in Quarter 1/2013 of parent company
Vietnam Sun Corporation explained the difference in profit between Quarter 1/2013 and Quarter 1/2012:
By: Billion dongs
Quarter 1/2013 % of parent company plan Total revenue 746 26.7 Profit of parent company 47.77 27.2 Investment 98 vehicles - Profit after tax of parent company in Quarter 1/2013 was VND47.77 billion, increasing VND19.57 billion or 69% compared to in Quarter 1/2012 because: + Revenue in Quarter 1/2013 was VND746 billion, increasing VND108.5 billion or 17% compared to in Quarter 1/2012, leading to gross profit was VND122.8 billion, increasing VND33.85billion or 38.1% compared to in Quarter 1/2012. + Although general and administration expense and selling expense increased VND25.26 billion, interest expense decreased VND10.85 billion, leading to profit before tax was VND56 billion, increasing VND19.28 billion or (52%) compared to in Quarter 1/2012. + In Quarter 1/2013, the company liquidated 38 vehicles, leading to other profit was VND7.66 billion, increasing VND6.82 billion or 813% compared to in Quarter 1/2012.
Quarter 1/2013
% of parent company plan
Total revenue
746
26.7
Profit of parent company
47.77
27.2
Investment
98 vehicles
- Profit after tax of parent company in Quarter 1/2013 was VND47.77 billion, increasing VND19.57 billion or 69% compared to in Quarter 1/2012 because:
+ Revenue in Quarter 1/2013 was VND746 billion, increasing VND108.5 billion or 17% compared to in Quarter 1/2012, leading to gross profit was VND122.8 billion, increasing VND33.85billion or 38.1% compared to in Quarter 1/2012.
+ Although general and administration expense and selling expense increased VND25.26 billion, interest expense decreased VND10.85 billion, leading to profit before tax was VND56 billion, increasing VND19.28 billion or (52%) compared to in Quarter 1/2012.
+ In Quarter 1/2013, the company liquidated 38 vehicles, leading to other profit was VND7.66 billion, increasing VND6.82 billion or 813% compared to in Quarter 1/2012.
HOSE
> SEL: Time and Place for Annual General Meeting of Shareholders 2013 (14/06/2013)
> CLG: The record date for the 2013 annual general meeting (14/06/2013)
> PXL: PXL delays the 2013 Annual General Meeting (14/06/2013)
> AGR: Notice the 2013 annual general meeting (14/06/2013)
> KSH: Notice the 2013 annual general meeting (14/06/2013)
> SDC: Financial Statement FY 2012 (14/06/2013)
> SRA: Result of 2nd AGM 2013 (13/06/2013)
> UDC: Resolution of AGM 2013 (13/06/2013)
> SJS: Resolution of AGM 2013 (13/06/2013)
> HBSC: HBSC relocates its head office (13/06/2013)