Friday, 06/06/2014 10:27

DZM: Explanation for the difference in the operation result of Quarter I.2014 year on year



On 27/05/2014, Dzi An Manufacturing Public Limited Company explained the difference in the operation result of Quarter I.2014 year on year as follows:

Items

Holding Company

Consolidated

Quarter I.2013

Quarter I.2014

Difference

Quarter I.2013

Quarter I.2014

Difference

Revenue

28,428,926,566

42,285,906,478

13,856,979,921

30,743,651,761

42,285,906,478

11,542,254,726

Profit

(394,862,854)

509,914,979

115,052,125

(1,315,149,371)

413,783,458

(901,365,913)

 

The reasons:

1. The increase in the revenue:

The revenue of Holding Company and consolidated revenue in Quarter I.2014 had increase in comparison with Quarter I.2013 because of recording the revenue from some big contracts. Besides, the company had been renovating the business and production activity of electric generator.

2. The increase in the profit:

The increase in the revenue, the decrease in the short-term loans, the decrease in borrowing interest made the profit increase remarkably.

HNX

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