NLG: Explanation for business result in Q3, 2013
Nam Long Investment Corporation explained business result in Q3/2013 compared to Q3/2012 as follows:
No. Item Q3/2013 (VND) Q3/2012 (VND) Difference ratio A B (1) (2) (3)=(1-2)/(2) 1 Revenue 248,704,241,959 66,687,783,305 273% 2 Profit after tax 33,046,045,978 (4,951,915,658) 767% - Consolidated net revenue in Q3/2013 was VND249 billion, increasing 3.7 times compared to the same period of 2012. The revenue was mainly contributed from the completion and handover of Saigon West Ehome project (Block A6-B1, around VND 195 billion) and garden city house in Binh Duong Province (Block R-S-T, around VND38 billion). - Sales expenses rose sharply by 218% compared to the same period of 2012. - Financial expenses rose by 51% because the profit allocation for the business cooperation contract. - Profit after tax in Q3/2013 rose by 767% compared to Q3/2012 and reached to VND33 billion thanks to the profit of Saigon West Ehome project.
No.
Item
Q3/2013 (VND)
Q3/2012 (VND)
Difference ratio
A
B
(1)
(2)
(3)=(1-2)/(2)
1
Revenue
248,704,241,959
66,687,783,305
273%
2
Profit after tax
33,046,045,978
(4,951,915,658)
767%
- Consolidated net revenue in Q3/2013 was VND249 billion, increasing 3.7 times compared to the same period of 2012. The revenue was mainly contributed from the completion and handover of Saigon West Ehome project (Block A6-B1, around VND 195 billion) and garden city house in Binh Duong Province (Block R-S-T, around VND38 billion).
- Sales expenses rose sharply by 218% compared to the same period of 2012.
- Financial expenses rose by 51% because the profit allocation for the business cooperation contract.
- Profit after tax in Q3/2013 rose by 767% compared to Q3/2012 and reached to VND33 billion thanks to the profit of Saigon West Ehome project.
HOSE
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> BBC: Explanation for business result in Q3/2013 (04/11/2013)
> PNS: Appointment of Deputy CEO and Branch manager (04/11/2013)
> DHG: Announcement of changes in business license of a subsidiary (04/11/2013)
> UIC: Explanation for submitting the Q3.2013 financial statements late (04/11/2013)
> KAC: Explanation for business result in Q3, 2013 (04/11/2013)
> FDC: Explanation for business result in Q3. 2013(Parent company) (04/11/2013)
