Wednesday, 04/02/2015 00:00

HVS: Explanation for business result in Q4, 2014

Hung Vuong Securities Corporation explained business result in Q4/2014 compared to Q4/2014 as follows:

Item

Q4/2014

Q4/2013

Increase/Decrease

Difference (%)

Revenue

4,862,630

853,646

3,008,984

469.63%

Before tax profit

3,297,220

990,278

2,306,941

232.96%

Revenue in Q4/2014 increased by 469.63%, profit increased by 232.96% compared to the same period of 2013 because:

-  Revenue increased because the company has income from disposal of fixed assets (about VND4 billion)

-  Total revenue was higher than total expense. Therefore, Profit in Quarter 4, 2014 increased compared to the same period of last year.

HOSE

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