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DRL: Explanation for business result in Q1/2014

Apr 23rd at 17:29
23-04-2014 17:29:21+07:00

DRL: Explanation for business result in Q1/2014

Hydro Power Joint Stock Company – Power No.3 has explained the fluctuation in business result of Quarter 1/2014 compared to Quarter 1/2013:

By: dongs

Item

Quarter 1/2014

Quarter 1/2013

 

%

Revenue

3,298,775,586

11,924,027,208

361.47

Profit after tax

-913,290,098

6,666,423,581

729.93

Profit in Quarter 1/2014 increased 729.93% compared to in Quarter 1/2013 because of favorable weather, leading to electricity products in Dray H’Ling 2 increased. Therefore, revenue in Quarter 1/2014 increased 261.47%.

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