TTF: Explanation for business results in Q4.2013 (Parent company)

Truong Thanh Furniture Corporation explained the difference in revenue and profit of parent company between Quarter 4/2013 and Quarter 4/2012 as follows:

By: VND million

	Quarter 4/2013	Quarter 4/2012	Compared
Net revenue	285,898	350,238	-18%
Gross profit	63,362	42,571	49%
Profit after tax	7,475	-5,387	239%

 

-          Revenue in Quarter 4/2013 decreased 18% because TTF has difficulties in funding.

-          Gross profit in Quarter 4/2013 increased 49%.

-          Profit after tax in Quarter 4/2013 increased 239% because TTF saved expenses, leading cost of goods sold decreased and gross profit increased strongly.

 

HOSE

>   TTF: Explanation for consolidated business results in Q4.2013 (03/03/2014)

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