FIT: Explanation for difference of profit after tax

On 25/09/2013, F.I.T Investment Joint Stock Company explained for difference in production-business performance of quarter 2/2013 year on year as follows:

In early months of 2012, due to difficulties of the economy, Management board of the Company must adjust investment items to bring about profit. However, they did not bring profit as expected.

In 2013, these items were maintained and stabilized so they brought frequent profit to the Company; meanwhile, the Company developed new business aspects (insurance agent) and received penalty due to contract cancellation of customer (Dao Anh Tuan). Therefore, profit of quarter 2/2013 increased strongly by 10% more than the same period in the year before.

HNX

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