Tuesday, 10/12/2013 17:38

HLA: Explanation for business result in Q4/2013 of parent company

Huu Lien Asia Corporation explained the fluctuation in profit after tax on financial statement in Quarter 4/2013 of parent company (from July 01, 2013 to September 30, 2013) between profits after tax on consolidated financial statement in the same period of last year:

-         Revenue from selling and service supply in Quarter 4/2013 decreased VND649,280,183,207 mainly because:

+         Financial income in Quarter 4/2013 decreased VND17,908,561,205 because in Quarter 4/2012, the firm had profit from the transfer of shares.

+         General and administration expense in Quarter 4/2013 increased VND3,759,558,751 because the firm has not recovered of overdue loans

HOSE

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