Saturday, 25/01/2014 15:17

LM8: Explanation for business result in Q4, 2013

Lilama 18 Joint Stock Company explained business result in Q4/2013 compared to Q4/2012 as follows:

By: thousand VND

No.

Item

Q4/2013

Q4/2012

Difference

Value

Ratio (%)

A

B

1

2

3=1-2

4=3/2

1

Operating profit

8,096,140

5,292,225

2,803,916

52.98

2

Other profits

3,829,336

9,946,636

(6,117,300)

(61.5)

3

Profit before tax

11,925,476

15,238,861

(3,313,385)

(21.74)

4

Business income tax

2,995,039

3,022,052

(27,013)

(0.89)

5

Profit after tax

8,930,437

12,216,809

(3,286,372)

(26.9)

      Profit after tax in Q4/2013 decreased by 26.9% compared to the same period of 2012 because other profits in Q4/2013 decreased by 61.5% compared to Q4/2012. The main reason of this decrease is VND3,064,230 thousand of the reversal of provisions in Q4/2012 compared to VND10,442,352 thousand of the reversal of provisions in Q4/2013.

HOSE

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