TRC: Explanation for consolidated profit in Q3/2014
Tay Ninh Rubber Joint Stock Company explained the fluctuation in consolidated business result in Quarter 3/2014 compared to Quarter 3/2013:
- Profit before tax in Quarter 3/2014: VND29,970,004,232- Profit before tax in Quarter 3/2013: VND52,673,121,464- Decreased: VND22,703,117,232 or 43.1%- Reason: Average rubber price in Quarter 3/2014 decreased 20.5% compared to in Quarter 3/2013.
- Profit before tax in Quarter 3/2014: VND29,970,004,232
- Profit before tax in Quarter 3/2013: VND52,673,121,464
- Decreased: VND22,703,117,232 or 43.1%
- Reason: Average rubber price in Quarter 3/2014 decreased 20.5% compared to in Quarter 3/2013.
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