Tuesday, 21/01/2014 16:24

TIE: Explanation for business result in Quarter 4.2013 (parent company)

Telecommunications Industry Electronics Joint Stock Company has explained the difference in profit after tax of parent company between Quarter 4.2013 and Quarter 4.2012:

By: VND

Item

Quarter

4.2013

Quarter 4.2012

Difference

Value

Ratio

Total revenue

123,178,054,335

115,895,294,860

7,282,759,475

6.28%

Total expense

115,363,299,352

102,795,834,916

12,567,464,436

12.23%

Profit before tax

7,814,754,983

13,099,459,944

-5,284,704,961

-40.34%

Profit after tax

10,159,277,479

13,099,459,944

-2,940,182,465

-22.45%

-         Profit after tax in Quarter 4.2013 decreased 2,940 million dongs from the same period of 2012, because:

+         Total revenue increased 7,282 million dongs because revenue from selling increased 9,989 million dongs, financial income decreased 5,280 million dongs, other income increased 2,572 million dongs.

+         Total expenses increased 12,567 million dongs because cost of goods sold increased 9,363 million dongs, general and administration expense increased 3,202 million dongs, selling expense decreased 1,625 million dongs, financial expense increased 1,560 million dongs.

+         Adjusting income tax in Quarter 3/2013: -2,344 million dongs

HOSE

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