HDG: Explanation forconsolidated business result in Q3, 2013 Ha Do Group Joint Stock Companyexplained business result in Q3/2013 compared to Q3/2012 as follows:
No.
|
Item
|
Q3/2013
|
Q3/2012
|
(%) Increase (Decrease)
|
1
|
Net sales
|
313,280,475,445
|
335,900,529,137
|
-7%
|
2
|
Cost of sales
|
249,624,468,992
|
309,031,088,844
|
-19%
|
3
|
Financial income
|
(2,184,685,530)
|
2,978,267,374
|
-173%
|
4
|
Financial expenses
|
(1,636,431,612)
|
1,265,560,327
|
-229%
|
5
|
Other incomes
|
1,385,117,580
|
620,761,360
|
123%
|
6
|
Other expenses
|
846,623,396
|
572,586,298
|
48%
|
7
|
Profits from associated companies
|
846,478,567
|
(1,463,056,917)
|
158%
|
8
|
Profit after tax
|
36,761,080,385
|
11,271,556,405
|
226%
|
-
Profit after tax in Q3/2013 increased by 226%
compared to Q3/2012 because:
+
Although net sales decreased by 7%, cost of sales
decreased sharply by 19%. Sales and cost of sales were recorded from housing
project for officers and border guards at Nguyen Van Cong Street, Go Vap District, Ho Chi Minh City.
+
Financial expenses decreased significantly
because of the decrease of interest rate.
HOSE
|