Phu Hung Securities Corporation has explained the business results in quarter 3.2013 increased 48.8% compared to quarter 3.2012 as follows:
Loss in Quarter 3/2013 was VND8.1 billion, decreasing VND 7.7 billion compared to in Quarter 3/2012 (loss was VND 15.8 billion) because:
- Revenue increased VND1.6 billion or 18.2% because the firm increased customers trading.
- Expenses decreased VND 8.4 billion or 31.2% because the firm cut cost, which in:
+ Business expense decreased VND 7.6 billion or 48%, administration expense decreased VND0.8 billion or 7%.
+ Other income decreased 2.3 billion or 99.7%