Thursday, 15/05/2014 10:54

SAM: Explanation for business result in Quarter 1/2014

SACOM Development and Investment Corporation explained the fluctuation in business result between Quarter 1/2014 and Quarter 1/2013 as follows:

By: VND

Item

Quarter 1/2014

Quarter 1/2013

Comparison

Revenue

351,889,329,457

214,259,883,761

164.23%

Profit after tax

14,317,516,721

32,908,361,810

43.51%

     Revenue increased because business activities of cables and telecommunication materials increased.

     Profit after tax in Quarter 1/2014 was VND14,317,516,721, decreasing 56.5% compared to in Quarter 1/2013 because the company delayed VND4,045,534,734 provision for financial.

HOSE

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