Tonkin: Explanation for business results in quarter 3.2013 Tonkin Securities Joint Stock Company has explained the business results in quarter 3.2013 as follows:
By: dongs
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Quarter 3/2013
|
Quarter 3/2012
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Different
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Rate (%)
|
Revenue
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452,694,592
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1,000,866,361
|
(548,171,769)
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-54.77
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Cost
|
861,491,172
|
1,049,127,662
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(187,636,490)
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-17.89
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General and administration expense
|
165,311,411
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430,318,895
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(265,007,484)
|
(61.58)
|
Net
profit
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(574,107,991)
|
(478,580,196)
|
(95,527,795)
|
19.96
|
Profit
before tax
|
(574,107,991)
|
(471,937,311)
|
(102,170,680)
|
21.65
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Profit
after tax
|
(574,107,991)
|
(471,937,311)
|
(102,170,680)
|
21.65
|
Profit after tax in Quarter 3/2013 decreased VND102,170,679
or (-121.65%) compared to in Quarter 3/2012 because:
-
Revenue
in Quarter 3/2013 decreased 54.77% compared to in Quarter 3/2012 because:
+
Revenue
from security investment in Quarter 3/2013 decreased VND660,067,800 compared to
in Quarter 3/2012.
+
In
Quarter 3/2012, revenue from advisory increased.
+
In
Quarter 3/2012, other revenue decreased because interest rate decreased.
+
Expenses
from securities trading in Quarter 3/2013 decreased VND
187,636,490 or -17.89% compared to in Quarter 3/2012 because in Quarter 3/2013, Tonkin cut
expenses.
+
Therefore,
profit after tax in Quarter 3/2013 decreased
VND102,170,680 or -21.65% compared to in Quarter 3/2012.
HOSE
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