Vietnam Sun Corporation announced the parent company’s revenue and profit in Quarter 2/2013 as follows:
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Total revenue: VND738.76 billion
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Total profit after tax: VND46.81 billion
1. Explanation for the
increase of 54.8% in revenue of Quarter 2/2013 compared to revenue of Quarter
2/2012:
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Total revenue in Quarter 2/2013 was VND738.76 billion,
increased VND101.18 billion (or 15.87%) compared to Quarter 2/2012; so the
gross profit was VND127.6 billion, increased VND17.97 billion (or 16.4%)
compared to Quarter 2/2012.
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Although the administrative and selling expenses rose VND10
billion compared to the same period of 2012, the interest expense decreased
VND13.29 billion (or 43.1%). This helped VNS’s profit before tax from business
operations gain VND60.46 billion and increase VND21 billion (or 53.3%) against
Quarter 2/2012.
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In Quarter 2/2013, other profit was not different to Quarter
2/2012.
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Therefore, the increase in business operations helped total
profit before tax rise VND22.1 billion and total profit after tax in Quarter
2/2013 rise VND16.58 billion (+54.8%) compared to Quarter 2/2012.
2. The first six months of
2013 of the parent company:
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Total revenue in 6 months: VND1,484.85 billion (equal to
53.2% of the parent company’s business plan).
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Total profit after tax in 6 months: VND94.58 billion (equal
to 53.85% of the parent company’s business plan).
