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.
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.
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