CCI: Explanation for consolidated business result in Quarter 2/2013
Cuchi Commercial And Industrial Developing Invesment Joint Stock Company explained the fluctuation in consolidated business result between Quarter 2/2013 and Quarter 2/2012 according to the consolidated financial statements:
No.
Quarter 2/2012
Quarter 2/2013
Different
1
Revenue
101,989,792,765
116,904,406,461
114.62%
2
Profit after tax
8,500,826,829
5,042,612,947
59.32%
- Profit in Quarter 2/2013 decreased 40.68% compared to in Quarter 2/2012 because the company had dividend from investing in shares of Viet A Bank. Profit from dividend in Quarter 2/2012 was VND5,055,628,200 but the company had not profit from dividend in Quarter 2/2013.
- Profit from business and other profit in Quarter 2/2013 was higher than in Quarter 2/2012 (Profit from business and other profit in Quarter 2/2012 was VND1,597,414,318).
- Profit after tax was VND5,042,612,947, decreasing VND3,458,231,882 (40.68%) compared to in Quarter 2/2012.
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