Monday, 05/05/2014 17:09

DCT: Explanation for the business results in quarter 4/2013

Dong Nai Roofsheet & Construction Material Joint Stock Company (DONAC) has explained the profit after tax in quarter 4/2013 as follows:

Unit: 1,000,000 dongs

Items

Quarter 4/2013

Quarter 4/2012

% Change

Net revenue

62,736

123,934

-50.62

Profit before tax

(31,605)

(22,066)

-143.23

Reasons:

-          Sales of roof sheets decreased in quarter 4/2013 on quarter 4/2012 because the buying demands decreased.

-          Finance expense in quarter 4/2013 on quarter 4/2012 increased 12.86% and the expense was weighted 33.45% of the revenue in quarter 4/2013 while the expense was just weighted 20.59% of the revenue in quarter 4/2012. It made the company lost 31.605 billion dongs.

HOSE

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