KSA: Explanation for business results in Quarter 3/2014
Binh Thuan Mineral Industry Joint Stock Company explained the difference in business results in Quarter 3/2914 compared to Quarter 3/2913 as follows:
Quarter 3/2014 Quarter 3/2013 Difference Net revenue - 5,675,929,318 (5,675,929,318) Profit after tax 483,415,918 2,496,021,387 (2,012,605,469) - The Company is comprehensively restructuring, especially in production and business activities in order to welcome strategic investors from Eastern Europe countries. So, the norm of revenue in the third quarter is not recorded, and the company’s profit in the third quarter is mainly from financial investment. Therefore, the company’s profit after tax in Quarter 3/2014 is lower than Quarter 3/2013.
Quarter 3/2014
Quarter 3/2013
Difference
Net revenue
-
5,675,929,318
(5,675,929,318)
Profit after tax
483,415,918
2,496,021,387
(2,012,605,469)
- The Company is comprehensively restructuring, especially in production and business activities in order to welcome strategic investors from Eastern Europe countries. So, the norm of revenue in the third quarter is not recorded, and the company’s profit in the third quarter is mainly from financial investment. Therefore, the company’s profit after tax in Quarter 3/2014 is lower than Quarter 3/2013.
HOSE
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