SAM: Explanation for business result in Quarter 2/2013
SACOM Development and Investment Corporation explained the fluctuation in business result between Quarter 2/2013 and Quarter 2/2012 as follows:
By: VND
Item Quarter 2/2013 Quarter 2/2012 Comparison Revenue 440,168,582 179,440,374,148 0.25% Profit after tax 20,116,469,543 113,964,370,417 17.65% - Revenue did not arise highly because from July 01, 2011, SACOM Development and Investment Corporation changed its organizational model and transfer all business activities of cables and telecommunication materials to subsidiary SACOM Wires and Cables Company Limited. - Profit after tax in Quarter 2/2012 was higher than in Quarter 2/2013 because the Corporation sold Dien Bien Phu project worth VND178,376,000,000.
Item
Quarter 2/2013
Quarter 2/2012
Comparison
Revenue
440,168,582
179,440,374,148
0.25%
Profit after tax
20,116,469,543
113,964,370,417
17.65%
- Revenue did not arise highly because from July 01, 2011, SACOM Development and Investment Corporation changed its organizational model and transfer all business activities of cables and telecommunication materials to subsidiary SACOM Wires and Cables Company Limited.
- Profit after tax in Quarter 2/2012 was higher than in Quarter 2/2013 because the Corporation sold Dien Bien Phu project worth VND178,376,000,000.
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