xiuchic
21-11-2012, 11:57 PM
According to the Financial Statement Quarter III/2012, profit after tax decreases by 27.5% year on year. Song Da Consulting JSC explained the decrease in operating result in Quarter III/2012 as follows:
- The revenue from financial activities decreased VND 143,674,094 (95%) because the cash inflow in 2012 was slower than 2011 so the financial activities revenue decreased compared with Quarter III/2011.
- On the other hand, the operation cost and other expenses increased led to the decreased gross profit. It was because the economy kept changing, the market price fluctuated.
- The revenue from financial activities decreased VND 143,674,094 (95%) because the cash inflow in 2012 was slower than 2011 so the financial activities revenue decreased compared with Quarter III/2011.
- On the other hand, the operation cost and other expenses increased led to the decreased gross profit. It was because the economy kept changing, the market price fluctuated.