CTD: Explanation for business result in Q1/2014

Cotec Construction Joint Stock Company has explained the fluctuation in business result of parent company and consolidated of Quarter 1/2014 compared to Quarter 1/2013:

1)     Financial statement of parent company:

By: dongs

Item	Quarter 1/2014	Quarter 1/2013	Increase/decrease
			Value	%
Profit after tax	63,203,520,808	44,826,860,787	18,376,660,021	40.99%

-         Reason:

By: dongs

Item	Quarter 1/2014	Quarter 1/2013	Increase/decrease	Reason
Net revenue	993,870,367,827	969,282,931,438	24,587,436,389
Financial income	30,602,388,813	23,628,639,767	6,973,749,046	Income from dividend from subsidiaries
Other income	9,225,059,224	2,282,976,523	6,942,082,701	Delaying provision for guarantee
General and administration expense	44,816,292,962	36,997,925,276	7,818,367,686	Making a provision for bad debts

2)     Consolidated Financial statement:

By: dongs

Item	Quarter 1/2014	Quarter 1/2013	Increase/decrease
			Value	%
Profit after tax	64,132,372,001	48,266,696,503	15,865,675,498	32.87

 

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