Thursday, 23/10/2014 09:40

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.

HOSE

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>   NAV: Explanation for business result in Q3, 2014 (23/10/2014)

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>   PIV: Financial Statement Quarter 3/2014 (23/10/2014)

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>   DZM: Financial Statement Quarter 3/2014 (holding company) (23/10/2014)

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