CIG: Explanation for business result in Quarter 3.2014 Coma18 Joint Stock Company explained the negative after-tax profit in Quarter 3/2014 as follows:
-
Profit after tax
in Quarter 3/2014: -VND3,609,443,234 -
Reason: In
Quarter 3/2014, the company continued the implementation of mechanical works
and deployed new contracts. Compared to Quarter 3/2013, the company’s revenue
in Quarter 3/2014 increased thanks to the income from real estate projects.
However, because of difficulties in real estate market, the cost and expenses
were higher than revenue.
Item
|
Unit
|
2014
|
2013
|
Difference
|
Net revenue
|
VND
|
35,968,054,355
|
12,595,091,595
|
23,372,962,760
|
Profit after tax
|
VND
|
-3,609,443,234
|
-1,214,070,363
|
-2,395,372,871
|
HOSE
|