Wednesday, 14/05/2014 16:03

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

HOSE

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