|
BMI: Explanation for business result in Quarter 4/2013 Baominh Insurance Corporation has explained the fluctuation in business result in Quarter 4/2013 compared to Quarter 4/2012:
1.
Financial
Statement of Parent company:
By:
million dongs
|
Quarter 4/2013
|
Quarter 4/2012
|
Comparison (%)
|
|
A
|
1
|
2
|
3=1/2
|
|
Net
revenue
|
550,229
|
527,381
|
104.33%
|
|
Selling
expense
|
375,300
|
257,864
|
145.54%
|
|
Administrative
expense
|
145,388
|
211,311
|
68.8%
|
|
Net
operating profit
|
29,542
|
58,207
|
50.75%
|
|
Financial
profit
|
-13,028
|
-11,348
|
114.80%
|
|
Profit
before tax
|
19,995
|
59,899
|
33.38%
|
|
Profit
after tax
|
16,527
|
51,817
|
31.89%
|
-
Net revenue in Quarter 4/2013 increased 4% compared
to Quarter 4/2012, while total expense increased 45.45% and administrative
expense decreased 31.2%, leading net profit in Quarter 4/2013 was less than in
Quarter 4/2012
-
Financial income in Quarter 4/2013 decreased compared
to in Quarter 4/2012 because of difficulties of economy.
-
Total profit before tax in Quarter 4/2013 decreased,
but profit before tax in 2013 was VND103.2 billion, increasing 14% compared to
in Quarter 4/2012.
2.
Consolidated
Financial Statement:
By:
million dongs
|
Quarter
4/2013
|
Quarter
4/2012
|
Comparison
(%)
|
|
A
|
1
|
2
|
3=1/2
|
|
Net
revenue
|
550,229
|
527,381
|
104.33%
|
|
Selling
expense
|
375,300
|
257,864
|
145.54%
|
|
Administrative
expense
|
145,388
|
211,311
|
68.8%
|
|
Net
operating profit
|
29,542
|
58,207
|
50.75%
|
|
Financial
profit
|
-10,315
|
-10,244
|
100.69%
|
|
Profit
before tax
|
29,681
|
64,498
|
46.02%
|
|
Profit
after tax
|
26,331
|
55,906
|
47.10%
|
HOSE
|
