DIC: Explanation for business results in Quarter 2/2014
DIC Investment and Trading Joint Stock Company explained the difference in revenue and profit between Quarter II/2014 and Quarter II/2013 as follows:
By: million dongs Item Consolidated Separate Quarter II/2014 Quarter II/2013 Difference amount Difference ratio Quarter II/2014 Quarter II/2013 Difference amount Difference ratio Net revenue 795,625 865,803 (70,177) (8.11%) 580,940 421,070 159,870 37.97% Profit after tax 5,078 3,746 1,331 35.54% 1,422 297 1,126 379.25% - In the first six months of 2014, the building materials sector has positive growth, particularly the clinker – cement sale increased 10% compared to the same period of last year. Besides, the borrowing expense decreased thanks to lower interest rate, which effectively contributed to the company’s business. - Compared to Quarter II/2013, the company’s consolidated net profit in Quarter II/2014 decreased 8.11% and the separate net profit increased 37.97%. The consolidated profit after tax increased 35.54% and the separate profit after tax increased 379.25%.
By: million dongs
Item
Consolidated
Separate
Quarter II/2014
Quarter II/2013
Difference amount
Difference ratio
Net revenue
795,625
865,803
(70,177)
(8.11%)
580,940
421,070
159,870
37.97%
Profit after tax
5,078
3,746
1,331
35.54%
1,422
297
1,126
379.25%
- In the first six months of 2014, the building materials sector has positive growth, particularly the clinker – cement sale increased 10% compared to the same period of last year. Besides, the borrowing expense decreased thanks to lower interest rate, which effectively contributed to the company’s business.
- Compared to Quarter II/2013, the company’s consolidated net profit in Quarter II/2014 decreased 8.11% and the separate net profit increased 37.97%. The consolidated profit after tax increased 35.54% and the separate profit after tax increased 379.25%.
HOSE
> VNR: Change in Business Registration Certificate (20/08/2014)
> NNC: Explanation for difference of business result in Q 2, 2014 before and after review (20/08/2014)
> ADC: Explanation for the auditor\u2019s note in the audited FS of the first six months 2014 (20/08/2014)
> CTX: Change in Business Registration Certificate (20/08/2014)
> VOS: Explanation for consolidated business result in Quarter 2/2014 (20/08/2014)
> KSA: Explanation for the Q2, 2014 business results (Consolidated FS) (20/08/2014)
> MHC: Explanation for business results in quarter 2, 2014 (Consolidated FS) (20/08/2014)
> MHC: Explanation for business results in quarter 2, 2014 (Parent company) (20/08/2014)
> DHG: Explanation for business results for 6 months of 2014 before & after review (20/08/2014)
> LGC: Explanation for reviewed financial statements in Q1, 2014 (20/08/2014)
