Thursday, 01/08/2013 15:31

LM8: Explanation for business result in Quarter 2/2013

Lilama 18 Joint Stock Company explained the difference in business result between Quarter 2/2013 and Quarter 2/2012 as follows:

By: VND thousand

No.

Item

Quarter 2/2013

Quarter 2/2012

Difference

Amount

Ratio

A

B

1

2

3=1-2

4=3/2

1

Operating profit

13,918,217

13,526,473

391,744

2.89%

2

Other profit

1,526,700

(1,262,894)

2,789,594

220.88%

3

Profit before tax

15,444,918

12,263,579

3,181,339

25.84%

4

Corporate income tax

3,861,229

3,227,910

633,319

19.62%

5

Profit after tax

11,583,688

9,035,668

2,548,020

28.20%

Compared to Quarter 2/2012, LM8’s other profit in Quarter 2/2013 increased 220.88% because: in Quarter 2/2013 the Company recovered an advance payment for warranty cost worth VND660 million, liquidated some assets worth VND1,050 million and other incomes. Therefore, profit before tax increased 25.84%, and then profit after tax in Quarter 2/2013 was higher than in Quarter 2/2012.    

HOSE

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