BT6: Explanation for business result in Quarter 4/2014 (consolidated) Beton 6 Corporationhas explained profit after tax in Quarter 4/2014 (consolidated) compared to Quarter 4/2013 as follows:
Unit: dongs
Items
|
Quarter 4/2014
|
Quarter 4/2013
|
Change
|
+/-
|
%
|
Net revenue from selling and service supply
|
311,027,22,800
|
320,378,081,594
|
-9,350,852,794
|
-2.9
|
Cost of goods sold
|
280,057,910,244
|
280,091,837,356
|
-33,927,112
|
0
|
Gross profit from selling and service supply
|
30,969,318,556
|
40,286,244,238
|
-9,316,925,682
|
-23.1
|
Financial income
|
3,456,281,582
|
6,131,887,567
|
-2,675,605,985
|
-43.6
|
Financial expenses
|
14,408,093,892
|
17,087,361,584
|
-2,679,267,692
|
-15.7
|
Include: Interest expense
|
15,052,641,712
|
18,134,140,684
|
-3,081,498,972
|
-17
|
Selling expense
|
2,122,737,573
|
1,983,383,215
|
139,354,358
|
7
|
General and administration expense
|
12,464,618,418
|
20,362,258,268
|
-7,897,639,850
|
-38.8
|
Net profit
|
5,430,150,255
|
6,985,128,738
|
-1,554,978,169
|
-22.3
|
Other profit
|
-5,314,150,255
|
2,979,338,613
|
-8,293,713,169
|
-278.4
|
Gain/loss in associate or joint-venture companies
|
905,566,525
|
-147,491,507
|
1,053,058,032
|
714
|
Profit before tax
|
1,021,342,224
|
9,816,975,844
|
-8,795,633,620
|
-89.6
|
Profit after tax
|
199,428,401
|
7,029,806,281
|
-6,830,377,880
|
-97.2
|
- In quarter 4/2014, gross profit decreased 23.1% because revenue decreased 2.9%.
- Selling expense increased 7%
- General and administration expense decreased 38.8 % because the firm saved expenses.
- Other income decreased 278.4%.
- Therefore, profit after tax in Quarter 4/2014 decreased 97.2% compare to the same period of 2013. HOSE
|