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PNJ: Explanation for the consolidated financial statements in Q1.2022
HOSE - 4/28/2022 8:37:00 AM
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Phu Nhuan Jewelry Joint Stock Company explained the difference of business result in Quarter 1/2022 compared to the Quarter 1/2021 with details as follows:

        

Content

Q1.2022

Q1.2021

Difference

Consolidated financial statement

 

 

 

- Net sales

10,142,717,252,585

7,181,771,463,337

41.2%

- Profit after tax

721,072,652,231

512,612,208,810

40.7%

Separate financial statement

 

 

 

- Net sales

10,909,376,002,660

8,187,423,809,982

33.2%

- Profit after tax

749,928,276,159

539,813,530,400

38.9

 

Net sales and profit after tax increased mainly due to:

-          The excitement of the retail market in Quarter 1/2022.

-          The implementation of key sales programs to attract and improve customer experience.

-          Gold bar revenue increased by 61% over the same period.

-          The Company has optimized operating costs and increased labor productivity.

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