Tuesday, 26/11/2013 16:26

VSH: Explanation for business results in Quarter 3.2013

Vinh Son - Song Hinh Hydropower Joint Stock Company (VSHPC) has explained business results in Quarter 3.2013 beside Quarter 3.2012 as follows:

-         Financial Statement of parent company:

Items

Unit

Quarter 3.2013

Quarter 3.2013

+/- Change

% Change

1. Electric production:

 

 

 

 

 

- Production

Million Kwh

149.71

124.63

(25.08)

(16.75)

- Revenue

Billion dongs

56.86

80.78

23.92

42.08

- Expenses

Billion dongs

35.50

29.42

(6.09)

(17.15)

- Profit

Billion dongs

21.35

51.37

30.01

140.55

2. Financial items

 

 

 

-

 

- Financial incomes

Billion dongs

25.97

14.03

(11.93)

(45.96)

- Financial expenses

Billion dongs

0.83

0.71

(0.12)

(14.20)

- Profit

Billion dongs

25.13

13.32

(11.82)

(47.01)

3. Others

 

 

 

-

 

- Other revenue

Billion dongs

0.00

0.00

0.00

 

- Other expenses

Billion dongs

0.03

0.01

(0.02)

 

- Profit

Billion dongs

(0.03)

(0.01)

0.03

 

4. Total profit before tax

Billion dongs

46.45

64.68

18.23

39.23

5. Total profit after tax

Billion dongs

45.45

64.18

18.73

41.20

-         Profit after tax in Quarter 3.2013 increased 18.73 billion dongs (41.20%) compared with profit after tax in Quarter 3.2012 because the reason as following:

+        Electric production in Quarter 3.2013 decreased 16.75% compared with profit after tax in Quarter 3.2012 but revenue from electric increased 42.08%.

In Quarter 3/2013, Financial Statement of parent company affected to Consolidated Financial Statement.

HOSE

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