VTO: Explanation for business result in Q4.2014 According to the consolidated financial statements, Viet Nam Tanker Joint Stock Company (VITACO) explained fluctuation in business results between Quarter 4/2014 and Quarter 4/2013 as follows:
By: VND
|
Item
|
Quarter 4/2013
|
Quarter 4/2014
|
Difference
|
+/-
|
%
|
Revenue
|
362,618,790,617
|
362,321,549,379
|
-297,241,238
|
-0.08%
|
Profit after tax
|
21,519,681,540
|
12,549,320,884
|
-8,970,360,656
|
-40.85%
|
Compared to Quarter 4/2013, revenue in Quarter 4/2014 decreased VND9 billion because cost from repairing and maintenance of ships increased and exchange rate differences increased, leading to financial expense increased. HOSE
|