Monday, 21/10/2013 16:36

CLC: Explanation for business result in Quarter 3/2013

Cat Loi Joint Stock Company explained the reason causing the increased in profit after tax of Quarter 3/2013 compared to Quarter 3/2012 as follows:

By: VND

Item

Quarter 3/2013

Quarter 3/2012

Difference amount

Difference ratio

(1)

(2)

(3)

4=(2)-(3)

5=(4)/(3)

Revenue

313,544,584,320

372,013,651,047

58,469,066,727

18.65%

Cost of goods sold

285,614,678,042

336,053,643,664

50,438,965,622

17.66%

Financial expense

7,190,832,290

3,452,493,048

-3,738,339,242

-51.99%

Profit after tax

12,115,230,965

20,536,227,759

8,420,996,794

69.51%

Reason:

-         Revenue in Quarter 3/2013 increased because selling products and price increased.

-         Financial expense in Quarter 3/2013 decreased because interest rate decreased.

HOSE

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