|
EMC: Explanation for business result in Q1/2014 ThuDuc Electro Mechanical Joint Stock Company has explained the fluctuation in business result of Quarter 1/2014 compared to Quarter 1/2013:
Profit
in Quarter 1/2014 increased VND418 compared to Quarter 1/2013 because: -
Although
revenue decreased 37%, cost of goods sold decreased 52% because in put price
decreased, revenue from adjusting to increase price VND2.1 billion of An Khe hydropower project. By: dongs
|
Item
|
Quarter
1/2014
|
Quarter
1/2013
|
Increase/decrease
|
|
Value
|
%
|
|
Net revenue
|
26,033,258,823
|
41,610,770,177
|
-15,577,511,354
|
-37%
|
|
Cost
of goods sold
|
16,014,888,800
|
33,482,991,053
|
-17,468,102,253
|
-52%
|
|
Gross
profit
|
10,018,370,023
|
8,127,779,124
|
1,890,590,899
|
23%
|
|
Financial
income
|
23,631,463
|
1,063,632,778
|
-1,040,001,315
|
-98%
|
|
Financial
expense
|
2,996,337,020
|
3,632,726,201
|
-636,389,181
|
-18%
|
|
Selling
expense
|
2,861,885,528
|
2,448,910,445
|
412,975,083
|
17%
|
|
General and administration expense
|
3,248,991,031
|
2,933,052,529
|
315,938,502
|
11%
|
|
Other
profit
|
338,303,609
|
909,291
|
-339,212,900
|
|
|
Profit
before tax
|
596,484,298
|
177,632,018
|
418,852,280
|
236%
|
HOSE
|
