SHI: Explanation for the consolidated profit of Quarter 3/2013

Son Ha International Corporation explained fluctuations in consolidated business results of Quarter 3/2013 compared to Quarter 3/2012, based on the consolidated financial statements of Quarter 3/2013:

-         Revenue: In Quarter 3/2013, SHI’s revenue decreased 23% compared to the same period of 2012 mainly because in Quarter 3/2013, revenue from exporting decreased 81% and economic difficulties, revenue from domestic decreased.

-         Cost of goods sold: SHI’s cost of goods sold in Quarter 3/2013 decreased 23% compared to Quarter 3/2012.

-         Selling expense: Selling expense increased 35% compared to the same period of 2012 because of increases in wage expense, fuel expense.  

-         Profit before tax: Profit before tax in Quarter 3/2013 decreased 225% compared to Quarter 3/2013.

HOSE

>   VNT: Financial Statement Quarter 3/2013 (holding company) (12/11/2013)

>   VDL: Financial Statement Quarter 3/2013 (12/11/2013)

>   VNT: Financial Statement Quarter 3/2013 (12/11/2013)

>   VFMVF4: NAV from 31 Oct 2013 to 07 Nov 2013 (12/11/2013)

>   HPB: Explanation for difference in audited FS and FS of the company (12/11/2013)

>   DNP: Explanation for difference in consolidated FS 2012 and audited FS (12/11/2013)

>   DID: Explanation for difference in profit after tax 2012 after auditing (12/11/2013)

>   MTG: Explanation for business result in Q3/2013 (12/11/2013)

>   DRC: Explanation for business result in Q3/2013 (12/11/2013)

>   EBS: Financial Statement Quarter 3/2013 (12/11/2013)