FLC: Explanation for business result in Quarter 4/2013 (Consolidated F.S)
FLC Group Joint Stock Company explained the fluctuation in business result in Quarter 4/2013 compared to Quarter 4/2012, according to its consolidated financial statements:
Quarter 4/2013 Quarter 4/2012 % change Revenue 748,392,355,275 1,163,228,763,177 64.34% Profit after tax 50,451,879,879 30,084,085,785 167.70% - In the period, FLC Group Joint Stock Company expanded operations and customers. Besides, it saved operating expenses, interest expense decreased strongly. Therefore, compared to Quarter 4/2012, its consolidated revenue in Quarter 4/2013 decreased 64.34% and its consolidated profit after tax rose 167.70%.
Quarter 4/2013
Quarter 4/2012
% change
Revenue
748,392,355,275
1,163,228,763,177
64.34%
Profit after tax
50,451,879,879
30,084,085,785
167.70%
- In the period, FLC Group Joint Stock Company expanded operations and customers. Besides, it saved operating expenses, interest expense decreased strongly. Therefore, compared to Quarter 4/2012, its consolidated revenue in Quarter 4/2013 decreased 64.34% and its consolidated profit after tax rose 167.70%.
HOSE
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