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PNJ: Explanation for the difference of Q2.2021 business result Phu Nhuan Jewelry Joint Stock Company has explained the difference of Q2.2021 business result compared to the same period of 2020 as follows:
Unit: VND
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Q2.2021
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Q2.2020
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Difference
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Consolidated financial statements
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- Net revenue
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4,455,408,501,572
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2,744,802,199,607
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62.32%
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- Profit after tax
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223,675,559,100
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31,660,485,158
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606.48%
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Separate financial statements
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- Net revenue
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5,135,663,266,574
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2,464,854,425,795
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108.36%
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- Profit after tax
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180,791,065,296
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42,940,737,342
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321.02%
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Net revenue and profit after tax increase due to the following causes:
- In Quarter 2/2021, the stores were closed in April due to the outbreak of Covid-19.
- PNJ successfully implemented new business models, bringing high efficiency and increasing labor productivity.
- At the same time, system development, human resource investment and technology digitization have raised PNJ's competitiveness in the market.
HOSE
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