Saigontourist Transport Corporationexplained business result in Q3/2013 compared to Q3/2012 as follows:
|
Item
|
Q3/2013
|
Q3/2012
|
Difference
|
|
Net revenue
|
16,609,947,996
|
24,260,763,350
|
(7,650,815,354)
|
|
Profit before tax
|
(1,016,307,055)
|
155,562,007
|
(1,171,869,062)
|
|
Profit after tax
|
(1,016,307,055)
|
102,363,113
|
(1,118,670,168)
|
-
Net revenue in Q3/2013 decreased compared to
Q3/2012 because:
+
Air ticket sales decreased 1,333,280,166. Revenue
went down sharply because STT has not exploited the field of international air
tickets.
+
Transportation services revenue decreased
1,272,575,858 because the operational capacity of taxi decreased to 87.8% and
repair cost increased.
+
Training services has faced difficulties.
+
Security services revenue increased 591,009,711.
+
Travel services revenue decreased significantly
because of the slump of outbound services.
-
Profit after tax in Q3/2013 decreased compared to
Q3/2012 because:
+
Transportation services profit declined.
+
Security services profit decreased because of
labor costs andlayoffs of customers.
+
Travel services profit decreased significantly.
+
Other incomes decreased 1,000,000,000.
+
Labor costs increased, price of premises for rent
increased.
