TMT: Explanation for single-entity business result in Q3, 2013
TMT Automobile Joint Stock Company explained business result in Q3/2013 compared to Q3/2012 as follows:
Profit in Q3/2013 was VND2.8 billion, decreasing VND4 billion compared to the same period of 2012 because: TMT has been looking for global brand partners to cooperate with to produce, assembly automobiles with high quality in the future. Financial expenses of TMT decreased because of revaluation of foreign exchange differences. Besides, TMT implemented reasonable sales policies to stimulate consumers and chopped expenses. There are the main reasons leading company to overcome loss situation in 6 months of 2013.
Profit in Q3/2013 was VND2.8 billion, decreasing VND4 billion compared to the same period of 2012 because:
TMT has been looking for global brand partners to cooperate with to produce, assembly automobiles with high quality in the future. Financial expenses of TMT decreased because of revaluation of foreign exchange differences. Besides, TMT implemented reasonable sales policies to stimulate consumers and chopped expenses. There are the main reasons leading company to overcome loss situation in 6 months of 2013.
HOSE
> TMT: Explanation for consolidated business result in Q3, 2013 (20/11/2013)
> DIG: Explanation for consolidated and parent company business result in Q3, 2013 (20/11/2013)
> FLC: Explanation for single-entity business result in Q3, 2013 (20/11/2013)
> FPT: Explanation for parent company business result in Q3, 2013 (20/11/2013)
> FLC: Explanation for consolidated business result in Q3, 2013 (20/11/2013)
> PVL: Financial Statement Quarter 3/2013 (holding company) (20/11/2013)
> PVL: Financial Statement Quarter 3/2013 (Consolidated) (20/11/2013)
> PHH: Financial Statement Quarter 3/2013 (Consolidated) (20/11/2013)
> PFL: Financial Statement Quarter 3/2013 (20/11/2013)
> PPG: Financial Statement Quarter 3/2013 (Consolidated) (20/11/2013)