VTF: Explanation for business result in Q3, 2014
Viet Thang Feed Joint Stock Company (VTFEED) explained the fluctuation in profit between Quarter 3/2014 and Quarter 3/2013:
- Profit after tax in Quarter 3/2014 increased 75.93% compared to in the same period of last year, because:- Net revenue in Quarter 3/2014 increased VND177,707,204,777, while cost of goods sold increased VND151,344,860,880, leading to gross profit increased VND26,362,343,897 or 52.14% because sales increased and input price decreased.- Financial income in Quarter 3/2014 decreased 18.44% because interest rate decreased.
- Profit after tax in Quarter 3/2014 increased 75.93% compared to in the same period of last year, because:
- Net revenue in Quarter 3/2014 increased VND177,707,204,777, while cost of goods sold increased VND151,344,860,880, leading to gross profit increased VND26,362,343,897 or 52.14% because sales increased and input price decreased.
- Financial income in Quarter 3/2014 decreased 18.44% because interest rate decreased.
HOSE
> NAV: Explanation for business result in Q3, 2014 (23/10/2014)
> HSG: Estimated consolidated business results in FY2013-2014 (23/10/2014)
> PIV: Financial Statement Quarter 3/2014 (23/10/2014)
> DHP: Financial Statement Quarter 3/2014 (holding company) (23/10/2014)
> ADC: Financial Statement Quarter 3/2014 (23/10/2014)
> KSQ: Financial Statement Quarter 3/2014 (23/10/2014)
> NAG: Financial Statement Quarter 3/2014 (holding company) (23/10/2014)
> LCS: Financial Statement Quarter 3/2014 (23/10/2014)
> FDT: Financial Statement Quarter 3/2014 (23/10/2014)
> DZM: Financial Statement Quarter 3/2014 (holding company) (23/10/2014)