Tuesday, 16/07/2013 14:47

QCC: Explanation for difference in over 10% higher profit after tax in 2012 compared to last year


(29/03/2013) Quangnam Post – Telecoms Construction and Services Corporation explained over 10%  higher profit after tax in 2012 compared to last year as follows:

 

Difference:

-       Profit after tax in 2011: (VND2,051,073,169)

-       Profit after tax in 2012: VND124,620,145

-       Increase of profit after tax compared to last year: VND2,175,693,314

Reasons:

Since  the beginning of the year, the strengthening of restructuring process led to a drastic decrease of costs compared to last year. Furthermore, the liquidation of some fixed assets resulted other income. Thus, business result in 2012 increased in comparison to last year.

HNX

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