Monday, 29/07/2013 13:34

CCL: Explanation for business result in Quarter 2/2013

Cuu Long Petro Urban Development and Investment Corporation explained the decrease in profit after tax of Quarter 2/2013 compared to Quarter 2/2012 as follows:

By: VND

 

 

Quarter 2/2013

Quarter 2/2012

Ratio

1

Total revenue

18,657,881,817

9,774,241,927

190.89%

2

Total expense

17,783,791,036

8,466,559,008

210.05%

3

Profit before tax

874,090,781

1,307,682,919

66.84%

4

Profit after tax

750,811,927

1,161,942,747

64062%

Reason: Total profit after tax decreased of 35.38% because sales of land and house decreased.

HOSE

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