DRH: Explanation for Q2.2014 business results

Dream House Investment Corporation explained the fluctuation in business results between Quarter 2/2014 and Quarter 2/2013 as follows:

Profit after tax in Quarter 2/2014 was VND902.3 million increasing 1,114.0% compared to Quarter 2/2013 (VND74.3 million). The main reasons are because the increase in revenue and other income, and the decrease in financial expense:

-         Revenue in Quarter 2/2014 was VND52.21 billion increasing 15% compared to Quarter 2/2013 (VND45.43%), so gross profit was VND4.37 billion increasing 12.9% compared to the same period of 2013 (VND3.87 billion).

-         In the period, the Corporation gained another income of VND387 million from the disposal of fixed assets.

-         Financial expense in Quarter 2/2014 was VND2.47 billion decreasing 10.8% compared to VND2.77 billion in Quarter 2/2013, because borrowing rates decline. 

HOSE

>   HSG: Explanation for business results in QIII of FY2013-2014 (Parent company) (22/07/2014)

>   BCE: Explanation for Q2.2014 business results (22/07/2014)

>   PIV: Financial Statement Quarter 2/2014 (22/07/2014)

>   SHS: Financial Statement Quarter 2/2014 (22/07/2014)

>   PVG: Financial Statement Quarter 2/2014 (holding company) (22/07/2014)

>   SD1: Financial Statement Quarter 2/2014 (holding company) (22/07/2014)

>   QST: Financial Statement Quarter 2/2014 (22/07/2014)

>   SDE: Financial Statement Quarter 2/2014 (22/07/2014)

>   QTC: Financial Statement Quarter 2/2014 (22/07/2014)

>   SHN: Financial Statement Quarter 2/2014 (22/07/2014)