Pursuant to the Finance Ministry’s Circular No.155/2015/TT-BTC on the disclosure of information. Phu Nhuan Jewelry Joint Stock Company (PNJ) explained the business result in first nine months of 2019. Accordingly, the profit changes over 10% compared to the same period last year as follows:
Content
Q3.2019
Q3.2018
Difference
Reviewed consolidated financial statement
- Revenue
3,934,018,649,882
3,150,849,210,374
25%
- Profit after tax
207,993,358,183
177,687,880,949
17%
Reviewed separated financial statement
3,165,084,364,526
2,693,683,086,837
18%
210,857,611,511
172,115,776,828
23%
- The total revenue increase was due to the increase of 29 new stores, the market's purchasing power of jewelry items has gradually recovered since August 2019 and the new product lines provided to meet the needs of the market.
- The increase in profit after tax was due to the 18% increase in revenue in the third quarter of 2019 compared to the same period in 2018 and the effective use of operating expenses.