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Monday, 20/01/2014 16:19

GLS: Explanation for business result in Quarter 4.2013

Golden Lotus Securities Corporation explained profit after tax in Quarter 4.2013 increased more than 10% compared to in Quarter 4.2012:

By: VND

 

Quarter 4/2013

Quarter 4/2012

Different

Revenue

771,886,008

1,288,141,767

-516,255,759

Expense

498,472,777

5,896,707,793

-5,398,235,016

Other profit

44,000

1,222,000

-1,178,000

Profit after tax

273,457,231

-4,607,344,026

4,880,801,257

Reason:

-         Profit in Quarter 4/2013 was higher than in Quarter 4/2012 because the company delayed a provision VND3,471,560,466, while in Quarter 4/2012, the company made a provision VND1,697,251,510 and decreasing other revenue.

HOSE

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