Friday, 17/01/2014 17:05

CLC: Explanation for business result in Quarter 4/2013

Cat Loi Joint Stock Company explained the reason causing the increased in profit after tax of Quarter 4/2013 compared to Quarter 4/2012 as follows:

 By: VND

Item

Quarter 4/2013

Quarter 4/2012

Difference amount

Difference ratio

(1)

(2)

(3)

4=(2)-(3)

5=(4)/(3)

Revenue

374,744,845,898

454,743,039,721

79,998,193,823

21.35%

Cost of goods sold

335,133,926,255

419,858,369,328

84,724,443,073

25.28%

Profit before tax

23,757,001,504

17,467,644,261

-6,289,357,243

-26.47%

Reason:

-         Revenue in Quarter 4/2013 increased because selling products increased.

-         Cost of materials and cost of product design increased

-         Therefore, profit in Quarter 4/2013 decreased.

HOSE

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