CMX: Explanation for business results in Quarter 4.2014

Ca Mau Frozen Seafood Processing Import Export Corporation has explained the business results in Quarter 4/2014 and Quarter 4/2013 as follows:

I/ Financial Statement:

-          Profit before tax in Quarter 4/2014: 4,346,326,690 dongs

-          Profit before tax in Quarter 4/2013: 705,756,518 dongs

-          increased: 3,640,570,172 dongs

Reasons:

1. 1.  Net revenue from selling in Quarter 4.2014 increased 14.046 billion dongs (8.10%). Cost of goods sold increased by 7.295 billion dongs (4.83%), making to gross profit increased by 6.750 billion dongs because goods of selling increased 25.25% and the difference in the production structure.
2.  Financial incomes in Quarter 4/2014 decreased by 0.99 billion dongs (97.70%) compared to Quarter 4/2013. Financial expenses in Quarter 4/2014 decreased by 1.578 billion (15.71%).
3. Selling expenses and general & administrative expenses in Quarter 4/2014 increased by 1.511 billion dongs (24.17%), leading to profit decreased 1.511 billion dongs.

II/ Consolidated Financial Statement:

-          Profit before tax in Quarter 4/2014 (after consolidated): 8,119,275,902 dongs

-          Profit before tax in Quarter 4/2013 (before consolidated): 4,346,326,690 dongs

-          increased: 3,772,949,212 dongs

HOSE

>   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)

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

>   APC: Explanation for business result in Q4.2014 (Single-entity FS) (25/02/2015)

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

>   TNA: Business result in the first 01 month of 2015 (26/02/2015)

>   MWG: Information on the 2015 Annual General Meeting of Shareholders (26/02/2015)