Dong A Plastic Group Joint – Stock Company explained the fluctuation profit of Quarter 2/2014 compared to Quarter 2/2013:
1) Financial
Statement of parent company in Quarter 2/2014:
-
Financial income from profit after tax
in 2013 of subsidiaries
was VND25,638,150,430, leading profit in quarter 2 increased from
–VND138,162,061 to VND25,499,988,369.
2) Consolidated
Financial Statement in Quarter 2/2014:
-
Profit after tax in Quarter 2/2014 increased
16% compared to in Quarter 2/2013.
-
Reason:
·
Other income from renting inventories in
Tan Tao Industrial Park of subsidiaries was VND531 million.
·
In Quarter 2/2014, Dong A Plastic Group
Joint – Stock Company had preferential income tax (7.5%), leading to business income tax –
current was less than in Quarter 2/2013.
·
Therefore, profit after tax in Quarter 2/2014 increased
VND1.29 billion or 16% compared to in Quarter 2/2013.
