FLC: Explanation for business result in Quarter 4/2013
FLC Group Joint Stock Company explained the fluctuation in business result in Quarter 4/2013 compared to Quarter 4/2012 as follows:
Quarter 4/2013 Quarter 4/2012 % change Revenue 485,15,707,314 541,033,995,913 89.66% Profit after tax 42,208,131,613 1,364,779,473 3,093% - The revenue of FLC Group Joint Stock Company in Quarter 4/2013 decreased 89.66% compared to Quarter 4/2012 because the Company expanded operations and customers. Besides, it saved operating expenses, and its fixed expense did not fluctuate very much and interest expenses decreased. Therefore, its profit in Quarter 4/2013 rose 3,093%.
Quarter 4/2013
Quarter 4/2012
% change
Revenue
485,15,707,314
541,033,995,913
89.66%
Profit after tax
42,208,131,613
1,364,779,473
3,093%
- The revenue of FLC Group Joint Stock Company in Quarter 4/2013 decreased 89.66% compared to Quarter 4/2012 because the Company expanded operations and customers. Besides, it saved operating expenses, and its fixed expense did not fluctuate very much and interest expenses decreased. Therefore, its profit in Quarter 4/2013 rose 3,093%.
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