Viet Nam Electrical Equipment Joint Stock Corporation has explained the decrease in profit of Quarter 2/2019 compared to Quarter 2/2018:
By: Billion dongs
Quarter 2/2019
Difference
Revenue
4,035.9
3,377.6
19.49%
Profit before tax
366.6
203.4
80.2%
Profit after tax
302.1
163.5
84.76%
Reason:
Consolidated profit after tax in quarter 2, 2019 was VND138.6 billion, increasing 84.76% compared to Quarter 2, 2018 because:
- Gross profit of electric equipment sector went up 45% and gross profit of logistics increased 48%.