BID: Explanation for business result in Q1, 2014
Joint Stock Commercial Bank for Investment and Development of Vietnam explained business result in Q1,2014 as follows:
Unit: VND million
Item Q1 - 2014 Q1 - 2013 Difference (%) Separate profit after tax 1.408.180 1.087.150 30% Consolidated profit after tax 1.544.715 1.145.827 35% – Because profit from buying shares in Q1-2014 increased by 145% and provision expenses for credit losses in Q1-2014 decreased by 12% compared to the same period of 2013
Item
Q1 - 2014
Q1 - 2013
Difference (%)
Separate profit after tax
1.408.180
1.087.150
30%
Consolidated profit after tax
1.544.715
1.145.827
35%
– Because profit from buying shares in Q1-2014 increased by 145% and provision expenses for credit losses in Q1-2014 decreased by 12% compared to the same period of 2013
HOSE
> NBB: Report on the use of proceeds from the share issuance (14/05/2014)
> PVD: Explanation for financial statements in Q1-2014 (14/05/2014)
> LM3: Time and Place for Annual General Meeting of Shareholders 2014 (14/05/2014)
> PTI: Change in business registration certificate (14/05/2014)
> PPG: Financial Statement Quarter 1/2014 (holding company) (14/05/2014)
> PPG: Financial Statement Quarter 1/2014 (consolidated) (14/05/2014)
> NVB: Financial Statement Quarter 1/2014 (14/05/2014)
> S74: Extension of time for Annual General Meeting of Shareholders 2014 (14/05/2014)
> MAFPF1: NAV from 01 May 2014 to 08 May 2014 (14/05/2014)
> DHG: Announcement of changes in business license (14/05/2014)