Monday, 04/11/2013 09:37

KAC: Explanation for business result in Q3, 2013

Khang An Investment Real Estate Joint Stock Company explains difference of profit after tax on the income statement as follows:

-         Net Profit in Quarter 3, 2013: VND 0.267 billion

-         Net Profit in Quarter 3, 2012: VND - 24.11 billion

Q3/2013 net profit increases compared with Q3, 2012 due to a decrease of VND 2 billion in interest expense and a decrease of more than 50% in operating cost. Besides, total expenses fall off more than VND 3.5 billion. On the other hand, Q3/2013 other expenses arise only to VND 0.052 billion while they were VND 27.14 billion in the same period of 2012. 

HOSE

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