Investment and Trading of Real Estate Joint stock Companyexplained business result in Q4/2013 compared to Q4/2012 as follows:
1.
Parent company financial statement:
-
Revenue in Q4/2013 was VND35,412,170,376,
decreasing VND16,596,761,449 compared to the same period of 2012.
-
Provision for devaluation of Intresco Tower:
VND240,906,686,320
-
Other income decreased VND21,880,583,512
-
There are the main reasons leading to a decrease
of more than 10% of profit in Q4/2013 compared to Q4/2012.
2.
Consolidated financial statement:
-
Consolidated profit in Q4/2013 was a loss of
VND266,806,171,229, decreased more than 10% compared to the same period of 2012
because the loss from parent company.
