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NBB: Explanation for business result in Quarter 2/2013 (Consolidated F.S) NBB Investment Corporation explained the fluctuation in its consolidated revenue and profit after tax of shareholders of parent company between Quarter 2/2013 and Quarter 2/2012 as follows:
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By: VND
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Quarter 2/2013
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Quarter 2/2012
(retroactively adjusted)
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Difference amount
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Difference rate
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Net
revenue
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111,044,291,080
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91,443,494,291
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19,600,796,789
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21%
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Profit
after tax
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8,897,298,073
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(4,341,615,246)
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13,238,913,319
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305%
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-
Net revenue in Quarter 2/2013 increased VND19.6 billion
(+21%) compared to Quarter 2/2012, and profit after tax in Quarter 2/2013 also
rose VND13.24 billion (+305%) thanks to the following reasons:
+
Because of changes in revenue structure among periods, in
Quarter 2/2012 revenue from selling grounds just accounted for 32% in total
revenue. The largest proportion was revenue from construction (accounting for
42%), while the return ratio from construction was very low (9-11%).
+
In Quarter 2/2013, BOT Phan Rang – Thap Cham Project was
being in the final stage, so revenue from construction decreased VND31.61
billion, but revenue from selling grounds rose VND33.96 billion with high
return ratio. This helped the profit after tax of NBB Investment Corporation in
Quarter 2/2013 sharply increased 305%.
HOSE
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