EFI: Explanation for the difference in the profit after tax of Quarter I.2014 year on year
On 21/05/2014, Education financial investment JSC explained the
difference in the profit after tax of Quarter I.2014 year on year as follows:
Profit
after tax in Quarter I.2014 (VND)
|
Profit
after tax in Quarter I.2013 (VND)
|
Difference
|
Rate
|
1,325,103,050
|
1,934,322,445
|
(609,219,395)
|
-31.5%
|
The reasons:
- The gross profit from sale and services supply in Quarter I.2014 was
VND 518,865,614 while the gross profit from sale and services supply in Quarter
I.2013 was VND 947,895,522; the cost price of service supply in Quarter I.2014
was VND 2,406,984,259 while the cost price of service supply in Quarter I.2013
was VND 2,011,424,055 because the input cost increased.
- The enterprise management cost in Quarter I.2014 was VND 397,795,269
while the enterprise management cost in Quarter I.2013 was VND 142,463,388
because the salary fund of 2013 moved into 2013.
- The financial revenue in Quarter I.2014 was VND 1,468,670,090 while
the financial revenue in Quarter I.2013 was VND 2,021,924,028 because in 2014,
the Company invested its capital into some other companies but not obtained
dividend yet. HNX
|