Thursday, 31/10/2013 00:00

DAC: Explanation for the change of over 10% in operating result in QIV.2012 compared to QIV.2011



            According to the Financial Statement Quarter IV/2012, profit after tax of Quarter IV/2012 decreased more than 10% year on year.  Viglacera Dong Anh JSC explained the decrease in operating result in Quarter IV/2012 as follows:

-          Revenue in QIV.2012 was lower VND 1.7 billion than that in QIV/2011 so the Company suffered the loss of VND 2.8 billion.

-          Due to frozen real estate market, consumption of products met many difficulties.

-          Increase in materials, services and insurance expenses made profit after tax decrease.

-          Bank interest also increased year on year so financial expenses in QIV.2012 increased by VND 300 million.

 

 

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