DPC: Explanation for the difference in profit after tax in FS QIV.2013
ON 17/01/2014, Da Nang Plastic JSC explained for the difference in profit after tax in FS QIV.2013 as follows:
The profit after tax of QIV.2013 decreased by 120.09% compared to that of QIV.2012 because:
- Sale revenue of QIV.2013 decreased by 37.54% compared to that of QIV.2012
- Material expense, electricity expense, salary expense, etc. increased which led to the increase in Cost of Goods Sold of QIV.2013
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