PNS: Explanation for business result in Quarter 4.2013

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

By: million dongs          

	Quarter 4/2013	Quarter 4/2012	Different
Revenue	9,121,827,586	32,815,675,865	-72%
Expense	10,187,975,872	64,477,275,584	-84%
Profit after tax	-1,391,760,800	-20,376,245,760	93%

-         Profit after tax was lost but compared to in Quarter 4/2012, profit in Quarter 4/2013 increased VND34.147 billion (decreased 107.9%). Besides, PNS decreased general and administrative expenses, while revenue decreased 72%.

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