Wednesday, 22/01/2014 14:24

STSC: Explanation for business result in Q4, 2013

STSC Securities Corporation explained business result in Q4/2013 compared to Q4/2012 as follows:

Item

Q4/2013

Q4/2012

Difference

C/L (%)

Total revenue

4,368,765,209

(186,123,373,676)

190,492,138,885

 

Operating expenses

(117,509,814)

(167,141,787,213)

167,024,277,399

 

General and admin expenses

7,481,075,805

17,510,016,643

(10,028,940,838)

-57.28%

Profit after tax

(2,994,800,782)

(36,491,603,106)

33,496,802,324

 

-         Profit of STSC Securities Corporation in Q4/2013 increased compared to Q4/2012 because the company adjusted to decrease revenue and expenses.

HOSE

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