Wednesday, 15/10/2014 10:28

SAM: Explanation for business result in Quarter 3.2014

Sacom Development and Investment Corporation (SACOM) explained the fluctuation over 10% in business results in Quarter 3/2014 compared to Quarter 3/2013 as follows:

Item

Quarter 3/2014

Quarter 3/2013

Quarter 3/2014 vs. Quarter 3/2013

Revenue

476,990,788

948,186,838

50.31%

Profit after tax

-1,788,108,672

7,259,845,724

 

  The company’s revenue at present is mainly from member companies.

-          The company’s profit in Quarter 3/2013 was higher than the same period of this year because the company had incomes from the dissolution of CSG and bank interest in Quarter 3/2013.

-          In Quarter 3/2014, the income from the investment in other companies decreased and was not enough to pay cost, so the company had loss.  

HOSE

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