HAR: Explanation for the profit in quarter 1/2014

An Duong Thao Dien Real estate Trading Investment Joint Stock Company has explained the business result in quarter 1/2014 as follows:

Unit: dongs

Items	Quarter 1/2014	Quarter 1/2013	Difference
Net revenue	14,877,638,888	32,048,021,433	(17,170,382,545)
Profit before tax	7,122,129,661	3,166,110,298	3,956,019,363
Profit after tax	5,555,261,135	2,374,582,724	3,180,678,411

Reasons:

-          Revenue from securities & land transferences were arisen in quarter 1/2013. Therefore, revenue in quarter 1/2014 on quarter 1/2013 was down.

-          Revenue in quarter 1/2014 increased 3,052,334,512 dongs on revenue of quarter 1/2013.

-          Financial revenue and expenses in quarter 1/2014 decreased on figures of quarter 1/2013 but these made a profit at 727.427.474 dongs.

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