Monday, 03/03/2014 16:41

STT: Explanation for financial statements in Q4/2013

Saigontourist Transport Corporation explained financial statements in Q4/2013 as follows:

-          The operational capacity of taxi only achieved 89.2% because company has repaired many cars.

-          In Q4/2013, educational center did not accept trainees because company had to ask for license extension of educational center. Company completed the license extension in November, 2013.

-          Travel services revenue decreased significantly because of the slump of outbound services and holiday tour.

-          Company did not have any contract of security services. Besides, labor costs increased.

HOSE

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