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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:
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Items
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Holding Company
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Consolidated
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Quarter
I.2013
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Quarter
I.2014
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Difference
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Quarter
I.2013
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Quarter
I.2014
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Difference
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Revenue
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28,428,926,566
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42,285,906,478
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13,856,979,921
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30,743,651,761
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42,285,906,478
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11,542,254,726
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Profit
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(394,862,854)
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509,914,979
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115,052,125
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(1,315,149,371)
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413,783,458
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(901,365,913)
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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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