HVG: Explanation for consolidated business result in Q3.2014
Hung Vuong Corporation explained the fluctuation in consolidated business result in Quarter 3/2014 as follows:
According to consolidated financial statements in Quarter 3/2014: In Quarter 3/2014, revenue from selling and service supply increased 48.12% compared to in Quarter 3/2013.- Aquaculture was 85% - 90% of product.- Export in the first 09 months of 2014 was more than the same period of 2013.- Soy-bean residue increased.- Financial expense, other expenses and selling expense decreased.Therefore, profit after tax in Quarter 3/2014 increased 28.5 times compared to in Quarter 3/2013.
According to consolidated financial statements in Quarter 3/2014:
In Quarter 3/2014, revenue from selling and service supply increased 48.12% compared to in Quarter 3/2013.
- Aquaculture was 85% - 90% of product.
- Export in the first 09 months of 2014 was more than the same period of 2013.
- Soy-bean residue increased.
- Financial expense, other expenses and selling expense decreased.
Therefore, profit after tax in Quarter 3/2014 increased 28.5 times compared to in Quarter 3/2013.
HOSE
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