Tuesday, 11/02/2014 16:47

CCM: Explanation for decrease of profit after tax in Quarter 4/2013 year on year


On 20/01/2014, Can Tho Cement and Mineral Joint Stock Company announced explanation for decrease of profit after tax in Quarter 4/2013 year on year as follows:

+ Profit after tax in Q4/2013:      VND 1,140,865,790

+ Profit after tax in Q4/2013:      VND 2,888,723,956

+ Decrease:                              VND 1,747,858,166

Reasons:

1. Decreases of profit:

+ Provision of investment in Loc Tai Nguyen Mineral JSC: VND 1,109,483,963

+ Provision of investment in ACAVI Group Company: VND 1,336,971,000

+ Provision of receivables: VND 145,692,909

2. Increases of income:

+ Profit from short-term investment: VND 206,878,779

+ Other income from convertible bonds: VND 360,000,000 

HNX

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