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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.
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Content
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Revenue
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Cost of goods
sold
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Profit
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Revenue from
other activities
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56,400,000
|
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56,400,000
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Revenue from
financial activities
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|
|
|
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Administration
cost
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54,824,516
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54,824,516
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Total
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56,400,000
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54,824,516
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1,519,384
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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
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