FDG: Explanation for business result in Q2.2013
Dongthap Trading Corporation (Docimexco) has explained the fluctuation in profit between Quarter 2.2013 and Quarter 2.2012 according to Docimexco’s financial statements:
- Profit after tax in Quarter 2.2013: -40,648,910,666 dongs Reason: - The difficult general of economic; - The company extracted the provision for long term investment devaluation in Docifish Joint Stock Company by 22.4 billion dongs. This unit had loss in Tra fish export trading. At the same time, selling price decreased strongly in Quarter 2.2013.
- Profit after tax in Quarter 2.2013: -40,648,910,666 dongs
Reason:
- The difficult general of economic;
- The company extracted the provision for long term investment devaluation in Docifish Joint Stock Company by 22.4 billion dongs. This unit had loss in Tra fish export trading. At the same time, selling price decreased strongly in Quarter 2.2013.
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