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Saturday, 25/01/2014 17:49

TCS: Explanation for the difference in the profit after tax of Quarter IV.2013 year on year


On 20/01/2014, Vinacomin - CaoSon Coal Joint Stock Company explains the difference in the profit after tax of Quarter IV.2013 compared to Quarter IV.2012 as follows:

1.     The difference

Profit after tax Quarter IV.2013

Profit after tax Quarter IV.2012

Difference

Note

143.481.762.643

- 22.043.269.202

165.525.031.845

 

            2. The reasons:

- In Quarter IV/ 2012, the coal and soil transportation of the Company decreased in comparison with the plan, so  Vinacomin Group reduced the cost: VND 54.325 billion.

- The new way of calculating natural resources tax of Quang Ninh Province made natural resources tax cost and some fees increase by VND 70.002 billion, the Registation fee  of Heavy Trucks: VND 11.117 billion in Quarter III.2013. Vinacomin calculated this cost into production price of Vinacomin - CaoSon Coal Joint Stock Company  and put compensation, due to the increase in input cost of VND 21.650 million, into Quarter IV.2013.

HNX

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