Thursday, 25/12/2014 15:24

TTF: Explanation for consolidated business results in Q3.2014

Truong Thanh Furniture Corporation explained the difference in revenue and profit of parent company between Quarter 3/2014 and Quarter 3/2013 as follows:

                                                                                  By: VND million

Quarter 3/2014

Quarter 3/2013

Compared

Net revenue

310,568

169,064

84%

Gross profit

76,546

56,083

36%

Profit after tax

32,083

1,149

2692%

-          Revenue in Quarter 3/2014 increased 84%.

-          Gross profit in Quarter 3/2014 decreased 36% because the firm increased current capital.

-          Profit after tax in Quarter 3/2014 increased 2,692 % because interest expense decreased.

HOSE

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