Tuesday, 20/08/2013 16:02

DCL: Explanation for consolidated business result in QII/2013

Cuu Long Pharmaceutical Joint Stock Corporation (PHARIMEXCO) explained the fluctuation in consolidated profit in Quarter II/2013 compared to Quarter II/2012 as follows:

-         Consolidated profit after tax in Quarter II/2013: VND14,218,906,025

-         Consolidated profit after tax in Quarter II/2012: -VND1,707,147,061

-         The consolidated profit after tax in Quarter I/2013 increased by VND15,926,053,086 (equivalent to over 10%) compared to the consolidated profit after tax in Quarter II/2012 because:

+         Financial expense in Quarter II/2013 was VND7.8 billion, decreasing VND9.3 billion compare to Quarter II/2012 because interest rate decreased. 

HOSE

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