Monday, 12/05/2014 15:29

POT: Explanation for difference in profit after tax of over 10% in financial statement Q.I/2014 year on year


Post and Telecommunication Equipment JSC explained for difference in profit after tax of over 10% in financial statement Q.I/2014 year on year approved on 21 April 2014 as follows:

In Q.I/2014, Post and Telecommunication Equipment JSC carried out many measures to strengthen the sales, services after sale, which contributed to the twice increase in the sales year on year (the sales of Q.I/2014 was VND 80,116,403,397, Q.I/2013 VND 38,941,064,792). Besides, the Company continued to practice saving costs related to business and production. The sale cost of Q.I/2014 decreased significantly compared to Q.I/2013. As a result, the profit after tax in financial statement Q.I/2014 was 10 times year on year.

Moreover, the Company always maintained the planned work to ensure the stability in the implementation process

HNX

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