VTB: Explanation for Q2.2014 business results

Viettronics Tan Binh Joint Stock Company explained its business results in Quarter 2/2014 compared to Quarter 2/2013 as follows:

Separate financial statements: 

-         Sales in Quarter 2/2014: VND49.213 billion

-         Sales in Quarter 2/2013: VND36.776 billion

è  Revenue in Quarter 2/2014 increased 33.82% compared to Quarter 2/2013.

-         Profit after tax in Quarter 2/2014: VND3.443 billion

-         Profit after tax in Quarter 2/2013: VND2.205 billion

è  Profit after tax in Quarter 2/2014 increased 56.15% compared to Quarter 2/2013.

Sales in Quarter 2/2014 rose 33.82% compared to Quarter 2/2013, but the Company’s fixed expense did not increased. Therefore, profit in Quarter 2/2014 increased 56.15%.

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