IDI: Explanation for business result in Quarter 2.2014
International Development & Investment Corporation has explained the fluctuation in profit after tax in Quarter 2.2014 compared to Quarter 2.2013:
Profit after tax in Quarter 2.2014 was VND50.56 billion, increasing VND32.44 billion or 179% from Quarter 2.2013, because of the following reasons: - The firm transferred real estate projects with VND105 billion, profit from transferring real estate was more than VND25 billion.- Profit from trading fish oil was VND41 billion, leading profit after tax increased VND2 billion.- Besides, the firm saved expenses.
Profit after tax in Quarter 2.2014 was VND50.56 billion, increasing VND32.44 billion or 179% from Quarter 2.2013, because of the following reasons:
- The firm transferred real estate projects with VND105 billion, profit from transferring real estate was more than VND25 billion.
- Profit from trading fish oil was VND41 billion, leading profit after tax increased VND2 billion.
- Besides, the firm saved expenses.
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