|
AGF: Explanation for business result in Quarter 1/2014 Angiang Fisheries Import & Export Joint Stock Company has explained profit after tax in Quarter 1/2014 compared to Quarter 1/2013 as follows:
Unit:
dongs
|
Items
|
Quarter
1/2014
|
Quarter
1/2013
|
Change
|
|
+/-
|
%
|
|
Net
revenue
|
740,049,344,930
|
645,281,415,559
|
94,767,929,371
|
12.81
|
|
Cost
of goods sold
|
629,794,614,458
|
574,369,307,919
|
55,425,306,539
|
8.80
|
|
Gross profit from selling and
service supply
|
110,254,730,472
|
70,912,107,640
|
39,342,622,832
|
35.68
|
|
Financial
income
|
2,562,424,109
|
977,457,325
|
1,584,966,784
|
61.85
|
|
Financial
expenses
|
11,621,699,229
|
11,310,912,626
|
310,786,603
|
2.67
|
|
Selling
expense
|
83,138,784,947
|
32,256,953,755
|
50,881,831,192
|
61.20
|
|
General and administration expense
|
4,965,368,117
|
7,543,358,835
|
(2,577,990,718)
|
(51.92)
|
|
Net
profit
|
13,091,302,288
|
20,778,339,749
|
(7,687,037,461)
|
(58.72)
|
|
Profit
before tax
|
13,048,136,923
|
20,747,713,783
|
(7,699,576,860)
|
(59.01)
|
|
Business
income tax – current
|
3,921,760,202
|
3,972,361,948
|
(50,601,746)
|
(1.29)
|
|
Business
income tax – deferrend
|
3,073,503,653
|
107,983,986
|
2,965,519,667
|
96.49
|
|
Profit after tax
|
6,052,873,068
|
16,667,367,849
|
(10,614,494,781)
|
(175.36)
|
-
Profit after tax in Quarter 1/2014 decreased VND10,614,494,781 or 175.36%
compare to the same period of last year.
Reason:
-
Warehousing costs of subsidiary (M&T) in United States increased.
HOSE
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