Wednesday, 22/01/2014 14:24

DAS: Explanation for business result in Q4, 2013

Dong A Securities Company Limited explained business result in Q4/2013 compared to Q4/2012 as follows:

Item

Q4/2013

Q4/2012

Difference (%)

Revenue

11,061,732,880

35,485,929,331

(24,424,196,451)

Expenses

20,413,978,046

70,261,609,261

(49,847,631,215)

Other income

35,948,659

0

35,948,659

Other expense

281,677,500

0

281,677,500

Profit after tax

(9,597,974,007)

(34,775,679,930)

25,177,705,923

-         Although, revenue in Q4, 2013 was lower than Q4/2012 but in Q4/2013 revenue was not affected by the restructuring of the portfolio. Expenses in Q4, 2013 decreased compared to the same period of 2012. Therefore, loss in Q4/2013 was lower than the same period of 2012.

HOSE

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