|
PXI: Explanation forconsolidated business result in Q3, 2013 Petroleum Industrial & Civil Construction Joint Stock Companyexplained business result in Q3/2013 compared to Q3/2012 as follows:
|
No.
|
Item
|
VND
|
Difference (%)
|
|
3/2012
|
3/2013
|
|
A
|
B
|
1
|
2
|
3=2/1
|
|
1
|
Equity
|
300,000,000,000
|
300,000,000,000
|
0
|
|
2
|
Revenue
|
243,361,489,812
|
172,364,740,738
|
70.83%
|
|
3
|
Profit before tax
|
2,894,729,972
|
-1,929,585,107
|
-66.66%
|
|
4
|
Profit to equity ratio
|
0.96%
|
-0.6%
|
|
-
Profit in Q3/2013 was a loss of VND1,929,585,107
because:
+
Revenue in Q3/2013 decreased sharply
VND70,996,749,074 (equivalent to 29.17%).
+
Depreciation expense, interest expenses, and
general and admin expenses increased.
+
Repair cost of some constructions increased.
+
Value of some constructions
declined after final settlement.
HOSE
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