Monday, 09/12/2013 16:32

TTF: Explanation for business results in Q3.2013 (Parent company)

Truong Thanh Furniture Corporation explained the difference in revenue and profit of parent company between Quarter 3/2013 and Quarter 3/2012 as follows:

By: VND million

 

Quarter 3/2013

Quarter 3/2012

Compared

Net revenue

250,390

507,843

-51%

Gross profit

39,779

52,894

-25%

Profit after tax

850

9,767

-91%

-         Revenue in Quarter 3/2013 decreased 51% because of restructuring, leading TTF do not complete progress.

-         Gross profit in Quarter 3/2013 decreased 25%

-         Profit after tax in Quarter 3/2013 decreased 91% because revenue decreased strongly.

HOSE

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