CLG: Explanation for business result in Quarter 4.2013 (Parent Company + Consolidated) Cotec Investment and Land-house Development Joint Stock Company (COTECLAND JSC) explained the fluctuation in revenue and profit of Quarter 4/2013 compared to Quarter 4/2012 as follows:
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By: VND
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Year
2012
(audited)
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Quarter
4/2012
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Quarter
4/2013
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Difference between two quarters
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Net revenue
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141,801,243,571
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69,604,988,152
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109,810,675,584
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57.76%
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Gross profit
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42,665,803,082
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11,221,037,540
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22,624,795,206
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101.63%
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Net profit
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10,947,543,225
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857,042,141
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6,347,869,715
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640.47%
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Net revenue in Quarter 4/2013 was VND109,810,675,584,
increasing 57.76% compared to the same period of 2012 because revenue from
contrasting Dong Nai Hospital was VND79,791,812,102, leading to gross profit in
Quarter 4/2013 increased 101.63% and net profit increased 640.47%.
HOSE
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