ANV: Explanation for consolidated profit and loss in Q2.2014
Nam Viet Corporation (Navico) gave reasons for the consolidated profit and loss in Quarter 2/2014 as follows:
- Profit before tax in Quarter 2/2014: VND12,830,143,309- Profit before tax in Quarter 2/2013: VND8,854,041,526- Profit in Quarter 2/2014 increased VND3,976,101,783 or 45% compared to in Quarter 2/2013.- Reason:· The average selling price in Quarter 2/2014 increased 11% compared to in Quarter 2/2013.· Cost of goods sold in Quarter 2/2014 decreased 19%· Selling expense decreased 39%.
- Profit before tax in Quarter 2/2014: VND12,830,143,309
- Profit before tax in Quarter 2/2013: VND8,854,041,526
- Profit in Quarter 2/2014 increased VND3,976,101,783 or 45% compared to in Quarter 2/2013.
- Reason:
· The average selling price in Quarter 2/2014 increased 11% compared to in Quarter 2/2013.
· Cost of goods sold in Quarter 2/2014 decreased 19%
· Selling expense decreased 39%.
HOSE
> ANV: Explanation for profit and loss in Q2.2014 (22/08/2014)
> CMV: Explanation for business result in Q2.2014 (22/08/2014)
> FCM: Announcement of changes in business license (22/08/2014)
> KTB: Change of Head Office Address (22/08/2014)
> VHL: Financial Statement Quarter 2/2014 (22/08/2014)
> GMC: Explanation for business results for 6 months of 2014 before & after review (22/08/2014)
> MSN: Announcement of changes in business license (22/08/2014)
> LGC: Announcement of changes in business license (22/08/2014)
> VHL: Financial Statement Quarter 2/2014 (holding company) (22/08/2014)
> DHP: Reviewed financial statement 2014 (holding company) (22/08/2014)