OPC: Explanation for business result in Quarter 2/2014
OPC Pharmaceutical Joint-Stock Company explained the fluctuation in business result between Quarter 2/2014 and Quarter 2/2013 as follows:
By: VND billion
Quarter 2/2014 Quarter 2/2013 Increase/ decrease Ratio Revenue 162.33 143.14 19.19 13% Profit after tax 12.21 18.74 -6.53 -35% · Revenue in Quarter 2/2014 increased VND19.19 billion (13%), profit after tax in Quarter 2/2014 decreased VND6.53 billion or 35% mainly because cost of goods sold increased VND10.4 billion (18%), selling expense increased VND15.8 billion (42%), general and administration expense increased VND2.4 billion (22%).· Revenue in the first 06 months of 2014 increased VND59.4 billion (21%) and profit after tax increased VND1.7 billion (5%) compared to the same period of last year.
Quarter 2/2014
Quarter 2/2013
Increase/ decrease
Ratio
Revenue
162.33
143.14
19.19
13%
Profit after tax
12.21
18.74
-6.53
-35%
· Revenue in Quarter 2/2014 increased VND19.19 billion (13%), profit after tax in Quarter 2/2014 decreased VND6.53 billion or 35% mainly because cost of goods sold increased VND10.4 billion (18%), selling expense increased VND15.8 billion (42%), general and administration expense increased VND2.4 billion (22%).
· Revenue in the first 06 months of 2014 increased VND59.4 billion (21%) and profit after tax increased VND1.7 billion (5%) compared to the same period of last year.
HOSE
> HCC: Reviewed financial statement 2014 (15/08/2014)
> PRC: Reviewed financial statement 2014 (15/08/2014)
> NTP: Financial Statement Quarter 2/2014 (15/08/2014)
> MEC: Financial Statement Quarter 2/2014 (15/08/2014)
> MEC: Financial Statement Quarter 2/2014 (holding company) (15/08/2014)
> SD1: Financial Statement Quarter 2/2014 (15/08/2014)
> PVG: Financial Statement Quarter 2/2014 (consolidated) (15/08/2014)
> TIG: Financial Statement Quarter 2/2014 (holding company) (14/08/2014)
> VPK: Explanation for business result in the first 6 months (14/08/2014)
> VNM: Consolidated interim financial statements 06.30.2014 (14/08/2014)