Thursday, 29/05/2014 11:06

DTA: Explanation for business result in Q1, 2014

De Tam Joint Stock Company explained the fluctuation in business result between Quarter 1, 2014 and Quarter 1, 2013 as follows:

 

Quarter 1/2014

Quarter 1/2013

%

Total revenue

(6,445,831,939)

5,341,403,214

 

Total costs

(6,440,439,613)

5,316,968,664

 

Profit before tax

1,416,220

24,434,550

5.8

Profit after tax

1,062,165

18,325,912

5.8

Reasons: In 2013, economic fluctuations, estate real market had frozen, the company invested in advertising, promotions, product discounts. However, customers were interested in the projects was limited. In Quarter 1, 2014 profit decreased sharply compared to the same period of 2013.

HOSE

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