|
CCL: Explanation for business result in Quarter 3/2013 Cuu Long Petro Urban Development and Investment Corporation explained the fluctuation in profit after tax of Quarter 3/2013 compared to Quarter 3/2012 as follows:
|
By: VND
|
|
No.
|
Item
|
Quarter 3/2013
|
Quarter 3/2012
|
Percentage
|
Decrease ratio (%)
|
|
1
|
Total
revenue
|
6,376,272,020
|
18,417,808,791
|
34.62%
|
65.38%
|
|
2
|
Total
expense
|
6,171,883,563
|
15,061,512,248
|
40.98%
|
59.02%
|
|
3
|
Profit
before tax
|
204,388,457
|
3,356,296,543
|
6.09%
|
93.91%
|
|
4
|
Profit
after tax
|
167,059,697
|
2,902,041,703
|
5.76%
|
94.24%
|
Reason: The real estate market was still sluggish. This
affected the Corporation’s business. Real estate sales in Quarter 3/2013 decreased
compared to the same period last year. Total revenue decreased 65.38% compared
to Quarter 3/2012, although the Corporation saved some expenses, its profit was
still lower than Quarter 2/2012.
HOSE
|
