HVG: Explanation for business result of parent company in Q3.2014

Hung Vuong Corporation explained the fluctuation in business result of parent company in Quarter 3.2014 as follows:

According to financial statements of parent company in Quarter 3.2014:

In Quarter 3.2014, revenue from selling and service supply increased 44.5% compared to the same period of 2013 because:

-       Revenue from net export of catfish fillet increased 82.7%

-       Revenue from net domestic of catfish fillet + raw fish  increased 22.6%

-       Other revenue (soy-bean residue) increased 7.2%.

In Quarter 3/2014, net revenue increased 40 times compared to 2013.

Therefore, profit after tax in Quarter 3/2014 increased VND21,137,114,366 or 29.7 times compared to in 3,2013.




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