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CCL: Explanation for business result in Quarter 3/2014

Cuu Long Petro Urban Development and Investment Corporation explained the fluctuation in profit after tax of Quarter 3/2014 compared to Quarter 3/2013 as follows:

By: VND

No.

Item

Quarter 3/2014

Quarter 3/2013

Percentage

Increase ratio
(%)

1

Total revenue

8,645,248,836

6,376,272,020

135.58%


2

Total expense

8,095,224,096

6,183,883,563

130.91%


3

Profit before tax

552,024,740

192,388,457

290%

190%

4

Profit after tax

501,629,203

155,059,697

323.51%

223.51%

Reason: The real estate market was still sluggish. This affected the Corporation’s business. Total revenue was 90% compared to Quarter 2/2014, although profit after tax increased 223.51% compared to 2013.

HOSE

 

 

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CCL: Explanation for business result in Quarter 3/2014

Cuu Long Petro Urban Development and Investment Corporation explained the fluctuation in profit after tax of Quarter 3/2014 compared to Quarter 3/2013 as follows:

By: VND

No.

Item

Quarter 3/2014

Quarter 3/2013

Percentage

Increase ratio
(%)

1

Total revenue

8,645,248,836

6,376,272,020

135.58%


2

Total expense

8,095,224,096

6,183,883,563

130.91%


3

Profit before tax

552,024,740

192,388,457

290%

190%

4

Profit after tax

501,629,203

155,059,697

323.51%

223.51%

Reason: The real estate market was still sluggish. This affected the Corporation’s business. Total revenue was 90% compared to Quarter 2/2014, although profit after tax increased 223.51% compared to 2013.

HOSE

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