TPP: Explanation for operating result in consolidated FS QII.2013
(Sep. 16, 2013) Tan Phu Plastic JSC explained the change of over 10% in the operating result Q.II/2013 year on year as follows:
Profit after tax Q.II/2013 increased by 56% in compared to Q.II/2012
Reason:
- Deduction decreased by 56% in Q.II/2013 compared to Q.II/2012 because sales returns decreased by VND639,177,309
- Interest expenses decreased by VND622,383,064 because loan interest rate decreased
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