SHI: Explanation for the consolidation profit of Quarter 1/2015

Son Ha International Corporation explained fluctuations in business results of Quarter 1/2015 compared to Quarter 1/2014, based on the consolidation financial statements of Quarter 1/2015:

1)     Revenue: In Quarter 1/2015, SHI’s revenue increased 21% compared to the same period of 2014 mainly because the firm opened 26 branches and revenue from Vinaconex  (subsidiary) increased  because Vinaconex rented.

2)     Cost of goods sold: SHI’s cost of goods sold in Quarter 1/2015 increased 13% compared to Quarter 1/2014.

3)     Financial income: total financial income decreased 58%.

4)     Financial expense: total financial expense decreased 13%.

5)     Selling expense decreased 14%.

6)     General and administration expense increased 3%

7)     Profit before tax: Profit before tax in Quarter 1/2015 increased 1,211% compared to Quarter 1/2014.

HOSE

>   SHI: Explanation for the comprehensive profit of Quarter 1/2015 (18/05/2015)

>   ELC: Explanation for business result in Q1/2015 (18/05/2015)

>   TAC: Resolution of Annual General Meeting 2015 (18/05/2015)

>   DQC: Explanation for consolidated business result in Q1, 2015 (18/05/2015)

>   HVG: Explanation for business result in Q1.2015 (Single entity F.S) (18/05/2015)

>   HVG: Explanation for business result in Q1.2015 (Consolidated F.S) (18/05/2015)

>   ST8: Explanation for business result in Q1.2015 (18/05/2015)

>   VHG: The record date for the 2015 AGM (19/05/2015)

>   HSG: Information on business license of branches (19/05/2015)

>   CTG: Link to the financial statements of Quarter I/2015 (consolidated & parent company) (19/05/2015)