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VCBS: Explanation for business results in quarter 3.2013 Vietcombank Securities Company Ltd has explained the business results in quarter 3.2013 decreased more than 44% compared to in Quarter 3/2012 as follows:
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Revenue
in Quarter 3/2013 decreased 20% compared to in Quarter 3/2012
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Expenses
in Quarter 3/2013 increased 21% compared to in Quarter 3/2012
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General and administration expense in Quarter 3/2013 increased 3%
compared to in Quarter 3/2012
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Profit
after tax in Quarter 3/2013 decreased 44% compared to in Quarter 3/2012
By: dongs
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Quarter 3/2013
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Quarter 3/2012
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Different
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Rate (%)
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Revenue
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34,890,498,688
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43,715,982,067
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(8,825,483,379)
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79.81
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Cost
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8,788,655,365
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7,274,756,820
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1,513,898,545
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120.81
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Gross profit
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26,101,843,323
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36,441,225,247
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(10,339,381,924)
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71.63
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General and administration expense
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17,341,196,436
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16,847,444,772
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493,751,664
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102.93
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Net
profit
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8,760,646,887
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19,593,780,475
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(10,833,133,588)
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44.71
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Profit before
tax
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8,645,235,254
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19,598,316,776
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(10,953,081,522)
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44.11
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Income
tax
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264,523,856
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4,569,023,423
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(4,304,499,567)
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5.79
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Profit
after tax
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8,380,711,398
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15,029,293,353
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(6,648,581,955)
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55.76
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Reason:
+
Profit
decreased because interest rates on deposits decreased.
HOSE
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