Monday, 28/07/2014 16:53

KSH: Explanation for business result in Q2/2014

Hamico Group Mineral Joint Stock Company has explained reasons causing the decrease in profit after tax of Quarter 2/2014 compared to Quarter 2/2013:

By: VND

 

 

Quarter 1I/2014

Quarter 1I/2013

1

Sales

14,728,248,866

17,202,136,844

2

Other income

268,670,545

13,260,545

3

Financial income

317,655

817,257

4

Total expense

13,571,683,650

17,039,658,713

5

Profit before tax

1,425,553,416

176,555,933

6

Profit after tax

1,425,553,416

176,555,933

-         Sales in Quarter II, 2014 was less than Quarter 2/2013 but profit was more than Quarter 2/2013 because materials and interest expense decreased.

-         Besides, in Quarter 2/2014 had other income but in Quarter 2/2013 had other expenses, leading to other profit in Quarter 2/2014 was more than in Quarter 2/2013.

HOSE

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