OPC: Explanation for business result in Quarter 2/2013
OPC Pharmaceutical Joint-Stock Company explained the fluctuation in business result between Quarter 2/2013 and Quarter 2/2012 as follows:
By: VND billion
Quarter 2/2013 Quarter 2/2012 Increase/ decrease Ratio Revenue 132.16 97.33 34.83 36% Profit after tax 18.49 7.79 10.70 137% - Profit after tax in Quarter 2/2013 increased by 137% mainly because of the following reasons: + Revenue increased by 36%, or VND34.83 billion. This helped OPC’s profit increase. + Financial expense decreased by 69%, or VND3.03 billion, in which: the borrowing expense decreased by 53% or VND1.8 billion. + The proportion of Cost of goods sold to Administrative expense decreased.
Quarter 2/2013
Quarter 2/2012
Increase/ decrease
Ratio
Revenue
132.16
97.33
34.83
36%
Profit after tax
18.49
7.79
10.70
137%
- Profit after tax in Quarter 2/2013 increased by 137% mainly because of the following reasons:
+ Revenue increased by 36%, or VND34.83 billion. This helped OPC’s profit increase.
+ Financial expense decreased by 69%, or VND3.03 billion, in which: the borrowing expense decreased by 53% or VND1.8 billion.
+ The proportion of Cost of goods sold to Administrative expense decreased.
HOSE
> Vingroup sells part of affiliate to foreign partner (19/07/2013)
> PVG: Financial Statement Quarter 2/2013 (holding company) (19/07/2013)
> QTC: Financial Statement Quarter 2/2013 (19/07/2013)
> YBC: Explanation for auditor’s opinion in Financial Statement 2012 (18/07/2013)
> OCH: Explanation for difference in profit after tax in Quarter I.2013 (18/07/2013)
> OCH: Explanation for difference in profit after tax in consolidated FS Quarter I.2013 (18/07/2013)
> VTB: Explanation for business result in Quarter 2/2013 (18/07/2013)
> VTO: Resolution of the AGM 2013 (18/07/2013)
> ASM: Explanation for business result of parent company in 2012 (18/07/2013)
> KDH: Explanation for the 2012 profit after auditing (18/07/2013)