Tuesday, 24/02/2015 00:00

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

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>   DCL: Explanation for the separate profit in Quarter 4, 2014 (25/02/2015)

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>   CMX: Explanation for business results in Quarter 4.2014 (25/02/2015)

>   DCL: Explanation for the consolidated profit in Quarter 4, 2014 (25/02/2015)

>   VSI: Explanation for parent company and consolidated business result in Q4, 2014 (25/02/2015)

>   HU3: Explanation for business result in Q4.2014 (25/02/2015)

>   STB: Explanation for separate business result in Quarter 4, 2014 (25/02/2015)

>   STB: Explanation for consolidated business result in Quarter 4, 2014 (25/02/2015)

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