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TDC: Explanation for business result in quarter 1/2014 Binh Duong Trade and Development Joint Stock Company (TDC) has explained profit in quarter 1/2014 compared with this in quarter 1/2013 as follows:
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Item
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Quarter
1/2013
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Quarter
1/2014
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Difference
|
|
Total
revenue
|
236,582,126,425
|
86,942,482,777
|
149,639,643,648
|
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Total
expenses
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233,986,937,902
|
109,902,995,672
|
124,083,942,230
|
|
Profit
before tax
|
2,595,188,524
|
-22,960,512,894
|
25,555,701,418
|
|
Profit
after tax
|
1,013,017,893
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-22,846,292,767
|
23,859,310,660
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Profit
in quarter 1/2014 was difference from that in quarter 1/2013 because of the
below reasons: -
Revenue
in quarter 1/2014 decreased due to the decreasing of property revenue. The
property revenue in quarter 1/2014 decreased to 35% on the revenue in quarter
1/2013. Besides, number of returns in quarter 1/2014 was double to that in
quarter 1/2014. -
Selling
expenses in quarter 1/2014 increased doubly on expenses in quarter 1/2013 due
to increasing of commission and promotion fees.
HOSE
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