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.
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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