Tuesday, 18/02/2014 16:56

SFI: Explanation for consolidated business result in Q4/2013

Sea & Air Freight International (SAFI) explained the fluctuation in consolidated business result between Quarter 4/2013 and Quarter 4/2012:

By: VND

Item

Quarter 4/2013

Quarter 4/2012

Difference

Value

Ratio (%)

 Revenue

128,415,259,803

103,940,712,904

24,474,546,899

123.55

 Cost of goods sold

93,958,026,663

55,000,035,640

38,957,991,023

170.83

Gross profit

34,457,233,140

48,940,677,264

(14,483,444,124)

70.41

Financial income

18,033,864,833

14,340,619,634

3,693,245,199

125.75

Financial expense

206,074,648

501,862,949

(295,788,301)

41.06

General & administrative expense

33,038,004,173

46,243,584,005

(13,205,579,832)

71.44

Gain or loss of joint venture

(8,747,856,218)

365,222,438

(9,113,078,656)

-

Income tax

2,034,869,979

2,289,403,978

(254,533,999)

88.88

 Profit after tax

7,642,175,494

14,997,343,200

(7,355,167,706)

50.96

-          Revenue in quarter 4/2013 was VND128.4 billion, attaining 123.55% equivalent to increased VND24.4 billion compared to quarter 4/2012.

-          Profit after tax in quarter 4/2013 was VND7.6 billion (50.96%), decreasing VND7.3 billion (49.04%) compared to in Quarter 4/2012.

-          In Quarter 4/2013 financial income decreased.

HOSE

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