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DIG: Explanation for consolidated and parent company business result in Q1, 2014 Development Investment Construction Joint Stock Corporation explained business result in Q1/2014 compared to Q1/2013 as follows:
1)
Parent company business result:
|
Item
|
Q1/2014
|
Q1/2013
|
Difference
|
|
Net
revenue
|
88,200,466,740
|
71,195,356,067
|
23.89%
|
|
Cost
of goods sold
|
66,738,110,576
|
45,426,601,550
|
46.91%
|
|
Gross
profit
|
21,462,356,164
|
25,768,754,517
|
-16.71%
|
|
Financial
income
|
2,994,208,541
|
3,606,512,867
|
-16.98%
|
|
Financial
expense
|
-8,719,352,427
|
188,880,238
|
-4,716.34%
|
|
-In which: interest
expenses
|
880,531,273
|
173,391,111
|
407.83%
|
|
Selling
expense
|
111,831,075
|
481,822,500
|
-76.79%
|
|
General and administration expense
|
7,409,645,327
|
8,362,449,824
|
-11.39%
|
|
Profit
after tax
|
20,040,414,703
|
15,736,158,931
|
27.35%
|
2)
Consolidated
business result:
|
Item
|
Q1/2014
|
Q1/2013
|
Difference
|
|
Net
revenue
|
182,864,860,547
|
176,128,507,280
|
3.82%
|
|
Cost
of goods sold
|
142,625,492,350
|
131,617,553,031
|
8.36%
|
|
Gross
profit
|
40,239,368,197
|
44,510,954,249
|
-9.60%
|
|
Financial
income
|
2,695,089,022
|
2,895,575,805
|
-6.92%
|
|
Financial
expense
|
-6,864,786,340
|
6,106,424,674
|
-212.42%
|
|
-In which: interest
expenses
|
2,733,910,236
|
5,827,476,295
|
-53.09%
|
|
Selling
expense
|
14,362,588,602
|
17,651,989,283
|
-18.63%
|
|
General and administration expense
|
12,221,
715,389
|
15,469,437,870
|
-20.99%
|
|
Profit
after tax
|
15,797,814,612
|
3,933,595,666
|
301.61%
|
3)
Profit
after tax in Q1/2014 of parent company and consolidated increased by 27.35% and
301.61% compared to Q1/2013 because: -
Financial
expense decreased strongly because the parent company delayed a provision for
financial investment. -
General and administration expense decreased.
HOSE
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