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MSC: Explanation for business results in Quarter 1.2013 Mekong Securities Corporation has explained the business results in Quarter 1/2013 and Quarter 1/2012 as follows:
By: VND
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Quarter 1/2012
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Quarter 1/2013
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Different
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% increased/decreased
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Revenue
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252,727,964
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175,161,873
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-77,566,091
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30.69
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Other income
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Other expenses
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214,408,021
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-214,408,021
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100
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Total cost
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4,019,157,534
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758,895,295
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-3,260,262,239
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81.12
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Profit before tax
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-3,980,837,591
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-583,733,422
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3,397,104,169
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85.34
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Profit after tax
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-3,980,837,591
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-583,733,422
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3,397,104,169
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85.34
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In Quarter 1/2013, profit was -583,733,422,
increasing 85.34% compared to in Quarter 1/2012.
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Reason:
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Economic and stock market difficulties so revenue from trading
securities in Quarter 1/2013 decreased VND77,566,091 or 30.69%. But MSC cut expenses.
Total cost in Quarter 1/2013 decreased VND3,260,262,239 or 81.12%.
+
Therefore, loss in Quarter 1/2013 decreased VND3,397,104,169 or
85.34% compared to in Quarter 1/2012.
HOSE
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