DNP: Explanation for the difference in the figures in Consolidated FS of Quarter I.2014 year on year
DongNai Plastic Construction JSC explained the difference in the figures
in Consolidated FS of Quarter I.2014 year on year as follows:
No.
|
Items
|
Quarter I.2014
|
Quarter I.2013
|
Difference
|
1.
|
Profit before tax
|
3,297,034,451
|
275,078,078
|
3,021,956,373
|
2.
|
Corporate income tax
|
247,277,584
|
20,630,856
|
226,646,728
|
3.
|
Profit after tax
|
3,049,756,867
|
254,447,222
|
2,795,309,645
|
The reasons:
1. Profit before tax:
-
The profit before tax in Quarter I.2014 increased by VND 3,021,956,373,
equivalent to 1,099% compared to Quarter I.2013 because the revenue increased
by VND 55,863,526,171, equivalent to 92% , and the borrowing interest, sale
expense and management cost had slight decrease compared to Quarter I.2013.
2. Corporate income tax :
-
Corporate income tax in Quarter I.2014 increased by VND 226,646,728
compared to Quarter I.2013 because the profit before tax increased and the
company did not enjoy the policy on the preferential tax.
3. The profit after tax:
-
From two reasons above, the profit after tax in Quarter
I.2014 increased by 1,099%, equivalent to VND 2,795,309,645 compared to Quarter
I.2013. HNX
|