Tuesday, 18/02/2014 15:34

BVH: Explanation for business result in Q4, 2013

Bao Viet Holdings explained business result in Q4/2013 compared to Q4/2012 as follows:

Separate financial statement:

Profit after tax in Q4/2013 was VND292,814, decreasing by 25% compared to Q4/2012 because financial provision in Q4/2013 was reversed lower than in Q4/2012 and financial revenue in Q4/2013 decreased compared to Q4/2012.

Consolidated financial statement:

Profit after tax in Q4/2013 was VND351,945, decreasing by 11% compared to Q4/2012 because revenue of subsidiaries decreased and operation cost of bank increased.

HOSE

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