SRA: Explanation for the difference in the after-tax profit of quarter 1/2016 year on year On 12/06/2016,
SARA Vietnam Joint Stock Company explained the difference in the after-tax
profit of quarter 1.2016 year on year as follows:
In quarter
1.2016, due to the difficult situation, so the Company tried to minimize
administration cost. Therefore, the profit of quarter 1.2015 increased over the
same period of last year.
Content
|
Revenue
|
Cost of goods
sold
|
Profit
|
Revenue from
other activities
|
56,400,000
|
|
56,400,000
|
Revenue from
financial activities
|
|
|
|
Administration
cost
|
|
54,824,516
|
54,824,516
|
Total
|
56,400,000
|
54,824,516
|
1,519,384
|
Explanation:
The Company was
step-by-step overcoming difficulties and minimizing costs in the operational
fields. However, because the financial situation was not favorable, so the
profit in quarter 1.2016 was very small. HNX
|