TRC: Explanation for profit in Q3/2013
Tay Ninh Rubber Joint Stock Company explained the fluctuation in business result in Quarter 3/2013 compared to Quarter 3/2012:
- Profit before tax in Quarter 3/2013: VND57,731,225,662 - Profit before tax in Quarter 3/2012: VND128,876,257,581 - Decreased: VND71,145,031,919 (55.2%) - Reason: + Average rubber price in Quarter 3/2013 decreased 18.6% compared to in Quarter 3/2012.
- Profit before tax in Quarter 3/2013: VND57,731,225,662
- Profit before tax in Quarter 3/2012: VND128,876,257,581
- Decreased: VND71,145,031,919 (55.2%)
- Reason:
+ Average rubber price in Quarter 3/2013 decreased 18.6% compared to in Quarter 3/2012.
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