Wednesday, 06/11/2013 15:22

VSI: Explanation for business result in Q3.2013 (Parent company & consolidated F.S)

Water Supply Sewerage Construction and Investment JS Co. explained business result in Q3/2013 compared to Q3/2012 as follows:

-         Profit after tax in Q3/2013 increased by more than 10% compared to the same period of 2012 because:

+         Total revenue of parent company increased 1.4 times.

+         Gross profit increased by 40%.

-         The consolidated profit after tax in Q3/2013 increased by more than 10% compared to the same period of 2012 thanks to the increase of more than 10% in the parent company’s profit after tax and the allocation of goodwill to general and administrative expenses.  

HOSE

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