TET: Explanation for difference of profit after tax in quarter 1/2014 compared to quarter 1/2013
On 21/04/2014, Northern Textiles and garments
Joint stock Company explained decrease of profit after tax in quarter 1/2014
compared to quarter 1/2013 as follows:
|
Indicator
|
Quarter 1/2014
|
Quarter 1/2013
|
Difference
|
% difference
|
|
Total revenue from sale and services
|
10,083,445,403
|
9,713,140,276
|
370,305,127
|
3.81
|
|
Cost of goods sold
|
5,052,692,408
|
5,350,259,903
|
-297,567,495
|
-5.56
|
|
Profit before tax
|
606,918,764
|
2,197,857,729
|
-1,590,938,965
|
-72.39
|
|
Profit after tax
|
457,226,636
|
1,638,193,297
|
-1,180,966,661
|
-72.09
|
Reasons:
- In quarter 1/2014 in Holding company: increase
in land leasing fee compared to quarter 1/2013 is VND 1,927,914,540
HNX
|
