Friday, 30/05/2014 16:27

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

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