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PAC: Explanation for business result in Quarter 3/2013 Dry Cell and Storage Battery Joint Stock Company (PINACO) explained the difference in business results between Quarter 3/2013 and Quarter 3/2012:
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By: VND
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No.
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Item
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Quarter 3/2013
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Quarter 3/2012
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Difference
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1
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2
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3
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4
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5=3-4
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6=5/4
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1
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Net revenue
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479,690,009,140
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463,115,801,221
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16,574,207,919
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3.58
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2
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Net financial income
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3,691,635,204
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2,801,502,038
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890,133,166
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31.77
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3
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Selling expense
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57,323,589,163
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66,830,887,018
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(9,507,297,855)
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(14.23)
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4
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Profit after tax
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18,113,944,264
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14,576,222,588
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3,537,721,676
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24.27
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-
PINACO’s in Quarter 3/2013 increased VND3,537,721,676 or
24.27% compared to the same period of last year,
mainly because of the following reasons:
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Revenue increased more than VND16 billion, or
3.58% thanks to good distribution system.
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Financial income increased more than VND800
million or 31.77%.
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Selling expense decreased more than VND10
billion or 14.23%.
HOSE
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