APSC: Explanation for business result in Quarter 1.2013
Alpha Securities Joint Stock Company explained profit after tax in Quarter 1.2013 increased compared to in Quarter 1.2012:
By: dongs
Quarter 1/2013
Quarter 1/2012
Different
Revenue
2,912,286,318
2,066,287,417
40.94%
Cost
2,833,821,675
3,651,611,519
-22.4%
Profit after tax
78,464,643
-1,585,324,102
104.95%
Reason:
- In Quarter 1/2013 the stock market was better, leading to inventors traded more highly.
- Business expenses decreased 22.4% because APSC decreased wage, staffs, and decreased to rent office…
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