Friday, 18/07/2014 18:07

SAM: Explanation for business result of parent company in Q2.2014

Sacom Development and Investment Corporation explained business result in Q2.2014 as follows:

Item

Q2-2014

Q2-2013

a/b

a

b

Revenue

472,025,250

440,168,582

107.24%

Profit after tax

-3,269,697,022

20,116,469,543

 

-         Profit after tax in Q2-2014 was higher than Q2-2013 because of a reversal of provision for bad debts and interest on deposits.

HOSE

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