Friday, 01/11/2013 00:00

HNM: Explanation for differences in profit after tax of QIII.2013



On 21/10/2013, Hanoimilk JSC explained for differences in profit after tax of QIII.2013 as follows:

The data in the FS of QIII.2013 showed that the profit after tax of QIII.2013 of the Company increased by VND 345,980,452 equivalents to 146.87% compared to that of QIII.2012.

Explanation:

1. Sale revenue: the Company has strongly promoted researching the market; synchronously effectively implemented the marketing policies led to the revenue from selling products of QIII.2013 increased by VND 10,991,034,896 equivalent to 18.98% compared to that of QIII.2012

2. Cost of Goods Sold: the Company has focused on structuring the sales of goods in accordance with the market; give priority to items that bring the high efficiency; the strict managing on production expense of the Company led to the Cost of Goods Sold in the revenue of QIII.2013 decreased by 7.98% compared to that of 2012

Therefore, the reason that made profit after tax of QIII.2013 of the Company increase compared to that of QIII.2012 is that the Company synchronously effectively implemented the marketing policies and strictly managed the production expense, focused on producing items that bring high efficiency.

HNX

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