Thursday, 28/08/2014 10:26

PXT: Explanation for business results in Quarter 2/ 2014 before & after review

Petroleum Pipeline & Tank Construction Joint Stock Company has explained for business results in Quarter 2/ 2014 before & after review as follows:

 

 

Before review

After review

Different

Net revenue

11

92,016,573,537

93,005,367,055

988,793,518

Cost of goods sold

12

197,257,420,227

197,803,036,553

545,616,326

Financial income

13

-18,327,903

86,647,419

104,975,322

Financial expense

14

7,729,719,935

7,729,983,839

263,904

General and administration expense

15

7,354,788,990

8,070,493,545

715,704,555

Other income

16

397,937,349

849,443,099

451,505,750

Other expense

17

3,246,315,491

3,591,645,112

345,329,621

Profit before tax

18

-123,192,061,660

-123,253,701,476

-61,639,816

Profit after tax

19

-123,192,061,660

-123,253,701,476

-61,639,816

EPS

20

 

-6,218

-6,218

Reason:

  • (11-12) increased because revenue and cost of goods sold of projects increased.
  • (13) increased because the firm recorded error exchange rate.
  • (15) increased because provision for bad debts increased.

HOSE

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