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CT6: Explanation for the difference over 10% of profit in FS QIV.2013
On 25/1/2014, Construction JSC No.6 explained for the difference over 10% of profit in FS QIV.2013 as follows:
As a Company working in the field of basic construction, Construction JSC No. 6 is also affected by the economic downturn.
In 2013, the Company mainly executed the CP2 bidding package and railway constructions. Although the revenue is not high, but because of the good management, the operation result is better than that of last year
The constructions of the Company are executed perfunctorily because the Company met many difficulties in design acceptance, leveling ground. Especially, the price of material, supplies, petroleum, labor, insurance, electricity, water, etc. increased, led to the increase in operation expense.
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