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TTC: Explanation for change in profit after tax Quarter 2.2013
The
profit after tax of Quarter 2.2013 was VND 5,071,138,458, 148.96% compared with
Quarter 2.2012. Thanh Thanh JSC explains the reason as follows:
|
No.
|
Target
|
Quarter 2/2013 (VND)
|
Quarter 2/2012 (VND)
|
Difference (%)
|
|
1
|
Net revenue
|
92,474,817,002
|
105,610,063,585
|
87.56
|
|
2
|
Profit before tax
|
5,482,311,846
|
3,404,372,877
|
161.04
|
|
3
|
Current income tax
|
411,173,388
|
|
|
|
4
|
Profit after income tax
|
5,071,138,458
|
3,404,372,877
|
148.96
|
The burn
air project operated together lower the cost of good sold, increased
competitive. Moreover, because of
decreased depreciation and interest expense, the profit after income tax was
higher year on year.
HNX
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