HJS: Explanation for change in profit after tax

Nam Mu Hydropower JSC explains the change in profit after tax in Quarter 2/2013 compared with Quarter 2/2012 as follows:

In Quarter 2/2013, the profit after tax of the company was VND 9.7 billion, increased VND 1.8 billion year on year ( Quarter 2/2012 was VND 7.9 billion) because:

-          Decreasing cost of good sold: In Quarter 2/2013, the cost of good sold was VND 15.3 billion, decreased by VND 712 million year on year ( Quarter 2/2012 was VND 16.045 billion)

-          Decreasing administrative fee: In Quarter 2/2013 was VND 1.9 billion, decreased by VND 1.6 billion year on year (Quarter 2/2012 was VND 3.5 billion).

HNX

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