EFI: Explanation for the difference in the profit after tax in Quarter IV.2013 year on year
On 11/03/2014, Education financial investment JSC explained the
difference in the profit after tax in Quarter IV.2013 compared to Quarter
IV.2012 as follows:
The profit after
tax
(Quarter IV.2013)
|
The profit after
tax
(Quarter IV.2012)
|
Difference
|
Rate =/-
%
|
1,355,415,968
|
2,539,417,902
|
(1,184,001,934)
|
-46.62%
|
- The cost of goods sold in Quarter IV.2013
was VND 2,037,952.49, decreased by VND 1,176,691,715, equivalent 36.6% compared
to Quarter IV.2012, Enterprise management cost in Quarter IV.2013 was VND
782,491,779, decreased by VND 501,922,954, equivalent to 39.08% compared to
quarter IV.2012 but the profit after tax still decreased because:
The revenue from financial activity in Quarter IV.2013 was only VND
1,506,534,954 much lower than that of Quarter IV.2012, on the other hand the
Company was also reserved the short-term securities investment in amount of VND
1,170,786,024. HNX
|