Tuesday, 24/06/2014 15:27

NBB: Explanation for business result in Quarter 1, 2014

NBB Investment Joint Stock Company explained the fluctuation in the consolidated financial statements in Quarter 1, 2014 compared to Quarter 1, 2013 as follows:

Item

Quarter 1, 2014

Quarter 1, 2013

Difference

Ratio

Net revenue

31,959,342,974

33,480,308,819

(2,596,773,402)

(7.8%)

Profit after tax

23,634,332,559

3,643,071,148

19,991,261,411

548.7%

-          Net revenue in Quarter 1, 2014 decreased byVND2.59 billion (7.8%) compared to Quarter 1, 2013. However, profit after tax of parent shareholders in Quarter 1, 2014 increased byVND19.99 billion, increasing 548.7% compared to the same period of last year.

-          In Quarter 1, 2014, NBB finished to transfer 25% contribution capital in Rach Mieu Bridge Co., Ltd, which led to profit after tax increased by VND17 billion.

HOSE

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