BII: Explanation for the difference in the profit after tax of Quarter I.2016 year on year
On 20/04/2016, Bao Thu Industrial Development and Investment Joint Stock Company explained the difference in the profit after tax of Quarter I.2016 year on year as follows:
Unit: VND
Items
Quarter I/2016
Quarter I/2015
Difference
Profit after tax of holding Company
326,233,040
5,179,057,353
-93.7%
Consolidated profit after tax
1,346,368,154
-74.0%
The reasons:
Due to the characteristics in the business lines of the Company (leasing the infrastructure of industrial land), most of the revenue amounts recorded in 2014 and one part recorded in Quarter I/2015. Thus, the operation result of Quarter I/2016 was not as good as Quarter I/2015. The main revenue of Quarter I/2016 was from trading the transportation and while sand. These activities were newly, so facing many difficulties
HNX
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> DNW: Explanation for the difference of over 10% in profit after tax of QI. 2016 year on year (27/04/2016)
> AGX: The cancellation of holding Annual General Meeting of Shareholders 2016 (27/04/2016)
> VDL: Explanation for the difference in profit after tax of FS Q.I (27/04/2016)
> SDP: Financial Statement Quarter 1/2016 (27/04/2016)
> SDP: Financial Statement Quarter 1/2016 (holding company) (27/04/2016)
> Financial statements for quarter 1/2016 (27/04/2016)