Petrolimex International Trading Joint Stock Company has explained business result between quarter 4/2013 and quarter 4/2012 as follows:
1.
Consolidated
financial statement:
+
Profit before tax in
quater 4/2013: -VND1,504,228,080
+
Profit before tax in
quater 4/2012: VND161,308,027
+
Decreasing: -VND1,665,536,107
-
Reason:
+
Gross profit increased
VND14,432,972,272 because net revenue increased VND246,958,745,190 and cost of
goods sold increased VND232,525,772,918.
+
Financial incomes increased
VND110,823,844
+
Financial expenses increased
VND4,376,729,876
+
In Quater 4/2012 the
firm deley provision for devaluation of stocks VND4,224,229,264
+
Selling expenses increased
VND8,887,762,891 and administrative decreased VND1,588,667,550.
+
Other profit decreased
VND309,277,742.
2.
Financial
statement of parent company:
+
Profit before tax in
quater 4/2013: -VND2,70,086,561
+
Profit before tax in
quater 4/2012: -VND542,886,660
+
Decreasing: -VND1,627,199,901
-
Reason:
+
Gross profit increased
VND7,116,884,400 because net revenue increased VND205,226,601,266 and cost of
goods sold increased VND198,109,716,826.
+
Financial incomes increased
VND1,534,775,338
+
Financial expenses
increased VND3,938,863,779
+
Selling expenses increased
VND6,755,434,174 and administrative decreased VND503,190,076.
+
Other profit
decreased VND87,751,802.
