Monday, 19/05/2014 17:17

BVH: Explanation for business result in quarter 1/2014

Baoviet Holdings has explained the difference in profit after tax more than 10% between quarter 1/2014 and quarter 12013:

By: million dongs

 Item

 Quarter 1/2014

Quarter 1/2013

 Difference

Consolidated profit after tax

444,390

308,082

44.24%

Profit after tax of parent company

278,079

338,593

-17.86%

     Profit after tax in quarter 1/2014 of single – entity financial statement equal to 82.14% compared to the same period of 2013 because in 2011, because financial income decreased.

     Profit after tax in quarter 1/2014 of consolidated financial statement equal to 144.24% compared to the same period of 2013 because revenue from investment activities increased and expense from investment activities decreased.

HOSE

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