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TDC: Explanation for business results in quarter 3/2013 Binh Duong Trade and Development Joint Stock Company (TDC) has explained business results in quarter 3/2013 compared to quarter 3/2012 as follows:
By: VND
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Financial statement
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Quarter 3/2013
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Quarter 3/2012
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% +/_
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Accumulated 2013
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Accumulated 2012
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% +/_
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1.
Financial statement of parent company
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Profit
after tax
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-8,017,062,655
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-21,365,396,426
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62%
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-2,644,538,036
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12,493,338,476
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-121%
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2.Comprehensive financial statement
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Profit
after tax
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-5,376,819,224
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-17,42,437,401
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69%
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6,859,172,102
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23,874,169,269
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-71%
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3.
Consolidated financial statement
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Profit
after tax
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-9,586,005,558
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17,757,941,242
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-153%
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173,896,874
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27,448,876,365
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-99%
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-
Reason:
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The real estate market was still frozen, economic
difficulties;
revenue in the first 09 months of 2013 was less than the same period of last
year because of revenue from real estate.
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Financial
income decreased because the firm had not revenue from investment in stocks.
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Besides, the firm pushed up sale leading to
higher selling expenses in the year
HOSE
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