CMV: Explanation forconsolidatedand parent company business result in Q3, 2013
Camau Trading Joint Stock Companyexplained business result in Q3/2013 compared to Q3/2012 as follows:
- According to parent company financial statement, revenue and profit in Q3/2013 decreased by 6.43% and 28.01% respectively compared to Q3/2012. And according to consolidated financial statement, cumulative revenue and profit in 9 months of 2013 decreased by 3.29% and 23.65% respectively compared to Q3/2012 because: + Purchasing power has remained low because of economic downturn. + Market share decreased because of fierce competition. + The gasoline discount that suppliers give to general agent was low. + The commission policy of grocery suppliers decreased. + General and admin expenses increased sharply.
- According to parent company financial statement, revenue and profit in Q3/2013 decreased by 6.43% and 28.01% respectively compared to Q3/2012. And according to consolidated financial statement, cumulative revenue and profit in 9 months of 2013 decreased by 3.29% and 23.65% respectively compared to Q3/2012 because:
+ Purchasing power has remained low because of economic downturn.
+ Market share decreased because of fierce competition.
+ The gasoline discount that suppliers give to general agent was low.
+ The commission policy of grocery suppliers decreased.
+ General and admin expenses increased sharply.
HOSE
> VFMVF4: NAV from 14 Nov 2013 to 21 Nov 2013 (27/11/2013)
> TIE: TIE JSC announces business registration certificate of subsidiary (27/11/2013)
> ASIAGF: NAV from 14 Nov 2013 to 21 Nov 2013 (27/11/2013)
> MAFPF1: NAV from 14 Nov 2013 to 21 Nov 2013 (27/11/2013)
> SeaSecurities: SeaSecurities adjusts the decision on branch establishment (27/11/2013)
> VISecurities: Change of Head of the branch (27/11/2013)
> ITACO to amend thermal power project (27/11/2013)
> VHL: Notice of record date for Annual General Meeting of Shareholders 20143 (26/11/2013)
> DAD: Notice of record date for Annual General Meeting of Shareholders 2013 (26/11/2013)