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PVV: Explanation for loss in consolidated business performance in Quarter 3/2013
On 12/11/2013,
Vinaconex-PVC Construction Investment Joint Stock Company announced explanation
for loss in consolidated business performance in Quarter 3/2013 year on year as
follows:
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Content
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Quarter 3/2013
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Quarter 3/2012
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Difference
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% +/-
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Net revenue
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55,812,474,483
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80,043,742,795
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-24,231,268,312
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-30.3
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Profit before tax
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-16,036,266,388
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-232,421,954
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-15,803,844,434
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-67996
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Profit after tax
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-16,258,372,252
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-92,319,016
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-16,166,053,236
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-175111
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Net revenue in Quarter
3/2013 decreased strongly: VND 24,231,268,312, equivalent to decrease of 30.3%
In 2013, due to economic
recession, revenue from construction and real estate of the Company did not
reach plan so revenue and profit of the Company decreased strongly. HNX
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