Wednesday, 25/02/2015 00:00

DCL: Explanation for the separate profit in Quarter 4, 2014

Cuu Long Pharmaceutical Joint Stock Corporation explained the fluctuation in profit in the financial statements for Quarter 4/2014 compared to Quarter 4/2013 as follows:

-          Profit after tax in Quarter 4/2014: VND5,736,588,231

-          Profit after tax in Quarter 4/2013: VND4,085,518,598

Compared to the same period of last year, the profit after tax in the financial statements for Quarter 4/2014 increased VND 1,651,069,633 (more than 10%) because:

-          Financial expense decreased by 43% because the company strove to decrease in the borrowing balance of bank, which led to decrease in the borrowing expense. So after tax profit increased compared to the same period of last year.

HOSE

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