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SEC: Explanation for business result in Quarter 3/2013 Gia Lai Cane Sugar Thermoelectricity Joint Stock Company explained the reason causing the decrease of 51.8% in profit after tax of Quarter 3/2013 compared to Quarter 3/2012 as follows:
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By: VND
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Item
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Quarter 3/2013
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Quarter 3/2012
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Difference amount
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Difference ratio
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(1)
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(2)
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(3)
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4=(2)-(3)
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5=(4)/(3)
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Financial
income
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1,544,769,813
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6,587,098,435
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-5,042,328,622
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-77%
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Selling
expense
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4,482,774,099
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3,737,847,890
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744,926,209
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20%
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Administrative
expense
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5,530,430,660
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4,842,451,833
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687,978,827
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14%
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Profit
after tax
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5,591,108,121
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11,602,657,372
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6,011,549,251
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-51.8%
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Reason:
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Financial income in Quarter 3/2013 decreased VND5.04 billion
compared to Quarter 3/2012.
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Selling expense in Quarter 3/2013 increased VND0.7 billion
or 20% compared to Quarter 3/2012.
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Administrative expense in Quarter 3/2013 increased VND0.6
billion or 14% compared to Quarter 3/2012.
HOSE
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