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LTG: Explanation for the difference in separated financial statement 2017 year on year On 31 Mar 2018, Loc Troi Group Joint Stock Company explained the difference in separated financial statement 2017 year on year as follows:
| No. |
Target |
Separated financial statement |
| 2017 |
2016 |
Difference |
Ratio |
| (1) |
(2) |
(3) = (1) – (2) |
(4) = (3) / (2) * 100 |
| 1 |
Net revenue |
8,220,720,828,296 |
7,691,937,985,440 |
528,782,842,856 |
6.87 |
| 2 |
Profit after tax |
472,389,223,726 |
422,339,128,460 |
50,050,094,966 |
11.85 |
Profit after tax of 2017 of LTG in separated financial statement increased year on year because:
- Net revenue from sales and services increased by VND 528,782,842,856 (6.87%) year on year
- Financial expense decreased by VND 41,938,926,890 (24.63%). Cost of sales and administrative expense were controlled reasonably.
- These reason made profit after tax of 2017 of LTG increased by VND 50,050,094,966 (11.85%) year on year.
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