HAGL Joint Stock Company (HAGL) has explained fluctuation of business results in Quarter 4.2013 compared to Quarter 4/2012 as follows:
-
Profit
before tax in Quarter 4/2013: 28,381,049 thousand dongs
-
Profit
before tax in Quarter 4/2012: 14,356,056 thousand dongs
-
Reasons:
1. Transaction business:
- Revenue
from apartment sales, construction contract, goods and services in the period decreased
by 106 billion dongs compared to the same period of 2012 (in Quarter 4/2012: 433
billion dongs, in Quarter 4/2013: 326 billion dongs) because of the following
reasons:
+ Revenue
from sales of goods and services decreased by 37 billion dongs in Quarter
4.2012: 263 billion dongs, in Quarter 4.2013: 226 billion dongs) because demand
for goods and construction material for rubber industry decreased.
+
Revenue from construction contract in the period decreased by 35 billion dongs
compared to the same period of last year (in Quarter4.2012: 90 billion dongs,
in Quarter 4.2013: 55 billion dongs) because demand for construction of
projects decreased.
+ Revenue
from apartment sales of Bau Gian project decreased by 35 billion dongs (in
Quarter4.2012: 80 billion dongs, in Quarter 4.2013: 46 billion dongs)
Correspondence to the fluctuation in revenue,
cost of apartment, goods and services decreased
by 104 billion dongs compared to the same period of last year (in Quarter
4.2012: 378 billion dongs, in Quarter 4.2013: 274 billion dongs). The main
fluctuation were as follows:
+ Costs
of apartment sales in the period decreased by 50 billion dongs compared to the
same period of last year (in Quarter 4.2012: 237 billion dongs, in Quarter
4.2013: 187 billion dongs)
+ Costs
of construction contracts in the period decreased by 34 billion dongs compared
to the same period of last year (in Quarter 4.2012: 84 billion dongs. In
Quarter 4.2013: 50 billion dongs)
+ Costs
of Bau Gian apartment decreased by 21 billion dongs year (in Quarter 4.2012: 58
billion dongs. In Quarter 4.2013: 37 billion dongs)
2. Financial:
-
Income
financial in the period increased by 21 billion dongs compared to the same
period of 2012 (in Quarter 4.2012: 305 billion dongs, in Quarter 4.2013: 326 billion
dongs) because in Quarter 4.2013, income from dividend increased about by 10
billion dongs, this income did not arise in the same period of last year.
-
The
company’s other action have been going on normally.
