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
|