Wednesday, 22/01/2014 17:06

COM: Explanation for business result in Q4.2013

Materials - Petroleum Joint Stock Company (COMECO) explained the fluctuation in business result between Quarter 4.2013 and Quarter 4.2012:

By: VND

 

Quarter 4.2012

Quarter 4.2013

Ratio

Revenue

1,333,462,464,406

1,400,976,229,645

105.06%

Profit before tax

11,287,739,903

7,582,781,096

67.18%

-         Revenue in Quarter 4.2013 increased 5.06% compared to revenue in Quarter 4.2012 because selling prices of petrol products in Quarter 4.2013 were higher than ones in Quarter 4.2012.

-         Profit before tax in Quarter 4.2013 decreased 32.82% compared to in Quarter 4.2012 because in Quarter 4/2013 the company delayed a provision.

HOSE

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