Friday, 06/03/2015 00:00

HQC: Explanation for business results in Quarter 4.2014\t

Hoang Quan Consulting – Trading – Service Real Estate Corporation has explained the business results in Quarter 4/2014 and Quarter 4/2013 as follows:

Unit: VND

Items

Quarter 4/2014

Quarter4/2013

Difference

%

Revenue of selling and services supply

296,926,412,328

55,303,503,869

241,622,908,459

437

Deductions

 

 

 

 

Net revenue

296,926,412,328

55,303,503,869

241,622,908,459

437

Cost of goods sold

232,065,851,029

45,355,877,890

186,709,973,139

412

Gross profit

64,860,561,299

9,947,625,979

54,912,935,320

552

Financial incomes

14,168,532,039

32,601,391,077

-18,432,859,038

-57

Financial expenses

22,007,459,810

28,083,064,351

-6,075,604,541

-22

Include: Interest expenses

22,007,459,810

26,575,464,351

-4,568,004,541

-17

Selling expenses

19,649,475,049

4,204,557,180

15,444,917,869

367

General & administrative expenses

9,128,863,260

7,192,128,512

1,936,734,748

27

Net operating profit

28,243,295,219

3,069,267,013

25,174,028,206

820

Other incomes

205,467,475

366,442,216

-160,974,741

-44

Other expenses

1,181,544,785

235,490,943

946,053,842

402

Other profit

-976,077,310

130,951,273

-1,107,028,583

-845

Total profit before tax

27,267,217,909

3,200,218,286

24,066,999,623

752

Current corporate income tax expenses

5,844,876,127

817,075,863

5,027,800,264

615

Profit after tax

21,422,341,782

2,383,142,423

19,039,199,359

799

-         Profit after tax increased because the reasons following:

-         The firm completed and hand over HQ1, HQ2 Blocks.

-         Selling expenses and general & administrative expenses of HQC Plaza social housing were moved to business result in Quarter 4/2014.

HOSE

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