Thursday, 11/09/2014 15:33

DZM: Explanation for business result in Quarter II/2014



On 29/08/2014, Dzi An Manufacturing Public Limited Company announced explanation for business result in Quarter II/2014 as follows:

Indicator

Quarter II/2014 (reviewed)

Note

Holding Company

Consolidated

Revenue

26,485,736,679

26,485,736,679

 

Profit after tax

-428,061,425

-2,311,507,003

 

Reasons:

- Revenue of the Holding Company in Quarter 2/2014 was low so it could not offset operation expense. Meanwhile, production activities of the subsidiary in Cambodia were suspended but the company still had to bear depreciation, which influenced on business result of the Holding Company (extraction to provision).

- Market of generators was increasingly fierce, which made ROE decrease while expenses such as borrowing interest, sale expense, and expense of leasing services increased and made production cost and other expenses increase as well.

HNX

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>   VNR: Financial Statement Quarter II/2014 (holding company) (10/09/2014)

>   VNR: Reviewed Financial Statement 2014 (consolidated) (10/09/2014)

>   VNR: Reviewed Financial Statement 2014 (holding company) (10/09/2014)

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>   OGC: Explanation for business results for 6 months of 2014 before & after review (10/09/2014)

>   NVN: Explanation for consolidated business result in Q2, 2014 (10/09/2014)

>   STT: Explanation for financial statements in Q2, 2014 (10/09/2014)

>   FLC: Announcement of changes in business license (09/09/2014)

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