Thursday, 06/02/2014 16:45

VQSC: Explanation for business result in Quarter 4/2013

Viet Quoc Securites Corporation’s profit after tax in Quarter 4/ 2013 was higher than in the same period of 2012 because:

-         Total revenue decreased VND50,132,729 because, brokerage revenue, other revenues decreased.

-         Securities operating costs decreased VND 421,917,047.

-         General and administrative expenses decreased dramatically VND655,076,921.

-         Profit before tax increased VND 2,776,415,663 because the decrease in expenses was more than the decrease in revenue.

HOSE

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