Camau Trading Joint Stock Company (CAMEX) has explained the fluctuation in business results in Quarter 2/2014 compared to Quarter 2/2013:
- According to the
Quarter 2/2014 financial statements of parent company:
·
Profit
after tax in Quarter 2/2014 was 8,163,924,887 dongs, increasing 206.64%
- According to the
Quarter 2/2014 consolidated financial statements:
·
Profit
before tax in Quarter 2/2014 was 11,225,242,313 dongs, increasing 96.88%.
- Reason:
·
Economic
difficulties in Quarter 2/2013 and firm made provision for bad debts, leading
expenses increased strongly. In Quarter 4/2014, expenses decreased
strongly.
·
General and administration expense of parent company in
Quarter 2/2014 was 3,763,751,064 dongs, decreasing 48.78% compared to in
Quarter 2/2013.
·
Consolidated general and administration expense in Quarter
2/2014 was 5,327,859,450 dongs, decreasing 40.11% compared to in Quarter
2/2013.
·
Besides, financial income and other profit increased.
·
Other profit of parent company in Quarter 2/2014 was
6,780,951,469 dongs, increasing 23.77% compared to in Quarter 2/2013.
·
Consolidated other profit in Quarter 2/2014 was 7,285,043,534
dongs, increasing 26.14% compared to in Quarter 2/2013.
