SRF: Explanation for business result in Q3/2013
Seaprodex Refrigeration Industry Corporation explained the difference in the profit before tax of parent company in Quarter 3/2013 compared to Quarter 3/2012:
- Profit before tax in Quarter 3/2013 of parent company was VND7.53 billion decreasing 2.6 billion or 25.71% compared to in Quarter 3/2012 because revenue decreased, administrative expense increased because the increase in provision for bad debts. - Accumulated profit before tax in the first 9 months of 2013 was VND30.67 billion.
- Profit before tax in Quarter 3/2013 of parent company was VND7.53 billion decreasing 2.6 billion or 25.71% compared to in Quarter 3/2012 because revenue decreased, administrative expense increased because the increase in provision for bad debts.
- Accumulated profit before tax in the first 9 months of 2013 was VND30.67 billion.
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