Thu Duc Housing Development Corporation (THUDUC HOUSE) explained the business result in Quarter 2/2013 as follows:
|
Item
|
Quarter
2/2013
|
Quarter
2/2012
|
Different
|
Rate (%)
|
|
Net revenue
|
70,264
|
34,937
|
35,326
|
101.1%
|
|
Profit
before tax
|
873
|
752
|
121
|
16.1%
|
|
Profit
after tax
|
1,064
|
518
|
546
|
105.5%
|
-
Net
revenue in Quarter 2/2013 was VND70.3billion decreasing 101.1% compared to the
same period of 2012. Profit before tax was VND873 billion and profit after tax was
VND1.1 billion decreasing 105.5% compared to Quarter 2/2012.
Reasons:
-
Net
revenue from sales and services in Quarter 2/2013 was VND70.3billion decreasing
101.1% compared to the same period of 2012, leading to gross profit was VND18.3
billion, increasing VND4 billion or 28.3% compared to Quarter 2/2012.
-
Financial
expense decreased from VND23.4 billion in Quarter 2/2012 to VND10.1 billion in
Quarter 2/2013, decreasing VND13.3 billion or 56.9% compared to Quarter 2/2012.
While, interest expense went down VND3.8 billion or 26.4% compared to the same
period of 2012.
-
Therefore,
net profit in Quarter 2/2013 was VND1.4 billion, increasing 3 times compared to
the same period of 2012.
-
Profit after tax in quarter 2/2012 was VND1.1
billion increasing 105.5% compared to quarter 2/2012.
-
The
cumulative 6 months, revenue from selling and service supply was VND119
billion. Profit after tax was VND3.4 billion, decreasing 24.3% compared to
quarter 2/2012.
