DNP: Explanation for the difference in the profit after tax in Quarter II.2014 of the Company year on year
On 03/09/2014
DongNai Plastic Construction Joint Stock Company explained the difference in
the profit after tax in Quarter II.2014 of the Company year on year as follows:
No.
|
Items
|
Quarter II.2014
|
Quarter II.2013
|
Difference
|
1
|
Profit
before tax
|
3,245,800,137
|
4,094,118,111
|
-848,317,974
|
2
|
Corporate
income tax
|
1,009,323,418
|
307,058,858
|
702,264,560
|
3
|
Profit
after tax
|
2,236,476,719
|
3,787,059,253
|
-1,550,582,534
|
1.
Profit before tax:
Profit before taxi in
Quarter II.2014 decreased by VND 848,317,974 year on year (20.7%) because the
cost of goods sold increased. The increase in the cost of goods sold caused by
the increase in labors and other cost.
2.
Corporate income tax:
Corporate income tax in
Quarter II.2014 increased by VND 702,264,560 because the Company did not enjoy
the tax preference
3.
Profit after tax:
Two above reasons made the
profit after tax decreased by VND 1,550,582,534 (20.7%) year on year HNX
|