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KAC: Explanation for Q3.2014 business results Khang An Investment Real Estate Joint Stock Company explained the difference in profit between Quarter 3/2014 and Quarter 3/2013 as follows:
In Quarter 3/2014, profit before tax was –VND0.671
billion while in Quarter 3/2013 it was VND0.634 billion, mainly because:
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Quarter
3/2014
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Quarter
3/2013
|
|
Revenue
|
3,682,262,864
|
6,351,008,896
|
|
Revenue
from selling and service supply
|
3,427,009,985
|
6,279,157,411
|
|
Financial
income
|
5,202,150
|
1,851,484
|
|
Other
income
|
250,050,729
|
70,000,001
|
|
Expense
|
4,353,729,761
|
5,716,978,315
|
|
Cost
of goods sold
|
2,653,042,874
|
3,349,654,658
|
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Financial
expense
|
7,607,456
|
1,218,982,863
|
|
Selling
expense
|
|
51,250,719
|
|
General and administration expense
|
1,182,969,538
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1,044,235,023
|
|
Other
expense
|
510,109,893
|
52,855,052
|
|
Profit
before tax
|
-671,466,897
|
634,030,581
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HOSE
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