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CLG: Explanation for Q4.2014 profit & loss Cotec Investment and Land-House Development JSC explained the Quarter 4.2014 profit and loss as follows:
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By: VND
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Item
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2013
(audited)
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Quarter IV/2013
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Quarter IV/2014
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% Increase/decrease compared to the same period
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Net revenue
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367,772,519,611
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86,065,955,408
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25,038,262,851
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-70.91%
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Profit before tax
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15,730,474,102
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2,744,843,790
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1,923,854,021
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-29.92%
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Net profit
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9,533,799,207
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1,572,409,057
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1,038,952,874
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-33.97%
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- Compared to Quarter 4.2013, CLG’s net revenue in Quarter 4.2014 was VND25.04 billion, decreased 70.91% and lead its profit before tax to decline 29.92% and profit after tax to decrease VND534 million.
- The revenue in Quarter 4.2014 went down because the Company is completing the construction of Dong Nai General Hospital and purchasing machines and equipment for the construction.
HOSE
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