Wednesday, 04/02/2015 00:00

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

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