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VOS: Explanation for business result in Q1, 2015 Viet Nam Ocean Shipping Joint Stock Company explained business result in Q1/2015 compared to Q1/2014 as follows:
1) Financial statement:
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Quarter 1/2015
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Quarter 1/2014
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Different
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Total revenue
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352,556,031,713
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510,596,259,617
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-158,040,227,904
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Profit after tax
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-102,542,184,981
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-28,237,910,470
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2) Consolidated financial statement:
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Quarter 1/2015
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Quarter 1/2014
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Different
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Total revenue
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384,753,004,316
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544,213,104,071
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-159,460,099,755
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Profit after tax
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-103,450,676,828
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-28,348,495,295
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Reason:
- Baltic Exchange Dry Index (BDI) in Quarter 1/2015 decreased 509 point, besides member of ships decreased. HOSE
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