Electronic Communications Technology Investment Development Corporation (ELCOM CORP) has explained for difference between profits after tax in quarter 2/2013 compared to quarter 2/2012 as follows:
-
In single-entity Financial Statements:
+
Profit after tax in Quarter 2/2012: VND 9,737million
+
Profit after tax in Quarter 2/2013: VND13,390 million
+
Increased: VND3,653 million (37.52%)
-
In consolidated Financial Statements:
+
Profit after tax in Quarter 2/2012: VND9,733 million
+
Profit after tax in Quarter 2/2013: VND12,858 million
+
Increased: VND3,125 million (32.11%)
-
In Comprehensive Financial Statements:
+
Profit after tax in Quarter 2/2012: VND15,698 million
+
Profit after tax in Quarter 2/2013: VND4,442 million
+
Decreased: VND11,256 million (-71.70%)
-
Profit after tax in single-entity Financial Statements and
in Comprehensive Financial Statements in Quarter 2/2013 was higher than in
Quarter 2/2012, mainly because:
+
The company delay provision for financial investment in
Quarter 2/2013 that was less than In Quarter 2/2012.
+
Revenue in Quarter 2/2013 decreased and cost goods sold
increased.
