TV1: Explanation for financial statement in Quarter 3.2013

According TV1’s financial statements of Quarter 3.2013 of parent company, Power Engineering Consulting Joint Stock Company 1 explained the difference in profit after tax compared to the same period of last year as follows:

1.       Revenue:

-         Revenue in Quarter 3.2012:   89,642,639,298 dongs

-         Revenue in Quarter 3.2013:   115,699,129,257 dongs

-         Increasing:                                 26,056,489,959 dongs or 29%

Reason: Song Bung 5 hydroelectric power project owned by Power Engineering Consulting Joint Stock Company 1 had to go into operation. The company had additional revenue from electricity sales.

2.       Profit after tax:

-         Profit after tax in Quarter 3.2012:       5,084,609,334 dongs

-         Profit after tax in Quarter 3.2013:       17,124,113,516 dongs

-         Increasing:                                             12,039,504,182 dongs or 236%

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